Utah Cz6 2012 IECC True Cost

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  • 8/2/2019 Utah Cz6 2012 IECC True Cost

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    2012 International Energy Conservation CodeUpgrading new homes in Utahs Climate Zone 6 to the 2012 International Energy

    Conservation Code (IECC) will reduce out-of-pocket expenses for homeowners paying o their initial investment in a matter of months.

    Energy Code Payback for Utah Single Family Homes

    Break-Even Point10 16 M

    $301.7

    27%

    $1,656

    Annual EnergyReduc on

    2-year Prot

    5-year Prot

    The added mortgage costs will be o set by monthly energy savings of $52, helping homebuyers pay o their initial investment in only ten to sixteenmonths. After breaking even during that time, the home will return buyers apro t of at least $38 per month for a total return of $452 every year. This returnon investment is shown in balance sheet below.

    For the average new home, the 2012 IECC will only increase construction costs bya total of $2,106-3,081. When this amount is rolled into the average mortgage,real costs to homebuyers will mean a down payment increase of only $421-616,and $8-15 extra on monthly mortgage bills.

    MonthMortgageIncrease

    MonthlyEnergy Savings

    1 $616.16 $52.39 -$563.77

    2 $14.76 $52.39 -$526.13

    3 $14.76 $52.39 -$488.50

    4 $14.76 $52.39 -$450.87

    5 $14.76 $52.39 -$413.24

    6 $14.76 $52.39 -$375.60

    7 $14.76 $52.39 -$337.97

    8 $14.76 $52.39 -$300.34

    9 $14.76 $52.39 -$262.71

    10 $14.76 $52.39 -$225.08

    11 $14.76 $52.39 -$187.44

    12 $14.76 $52.39 -$149.81

    13 $14.76 $52.39 -$112.18

    14 $14.76 $52.39 -$74.55

    15 $14.76 $52.39 -$36.91

    16 $14.76 $52.39 $0.72

    17 $14.76 $52.39 $38.35

    18 $14.76 $52.39 $75.98

    BREAK EVEN AND START EARNING $38 IN PROFIT EVERY MON

    CumulativeCost/Bene t

    For additional Incremental Cost Analysis, please visit energycodesocean.org.

    This model assumes a 2,400 square foot home. The mortgage isconservatively set at 30 years, with 20% down and the current averagenationwide interest rate of 4.03%. With a lower down paymentsuchas 10% downconsumers will break even on their investment evensooner.

    FOR NEW H

    UTAHClimate Zone6

  • 8/2/2019 Utah Cz6 2012 IECC True Cost

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    R -

    Homes are the biggest investment we makeand everyone deserves a home thatmeets national minimum energy e ciency standards. While its true thathomeowners can always improve the e ciency of their homes, it is far morecost-e ective to upgrade building components during construction, putting inbetter windows or swapping out one grade of insulation for a better one. Hereswhat buyers get with the 2012 IECC:

    For additional Incremental Cost Analysis,please visit energycodesocean.org

    High-efficiency Ligh ng

    CLIMATE ZONE

    $50

    Window Upgrades

    $357

    Hot Water Insula on

    Addi onal Upgrades:Hard-Ducted Returns

    $100

    $1Sealed & Insulated A c Hatch $1Improved Bathroom Ven la on $1

    $578-1,253WAL$202BASEMENT

    Insula on Upgrades

    Whole-house Sealing

    $38 profit every monthHomes built to the 2012 IECC could yield a

    and $13,000 over 30 years.

    2012 ENERGY CODE Payback:

    $350and Tes ng

    Programmable

    $50Thermostat

    FOR NEW

    UTAHClimate Zone6

    $300JAMB EXTENSION[IF APPLICABLE]