Zero-Energy Homes are rapidly nearing cost parity with conventional dwellings, according to a new report released by Rocky Mountain Institute. Economics of Zero-Energy Homes: Single Family Insights investigated the cost of zero-energy homes and zero-energy ready homes (homes that are designed to achieve zero-energy levels of efficiency yet haven’t yet been installed with solar) and found that these sustainable dwellings are more cost-effective than often perceived by the public or portrayed in mainstream media.
The report’s main findings include:
- Zero-Energy and Zero-Energy Ready Homes are already approaching cost parity. It suggests that with stricter baseline codes developers may be able to construct these homes at cost parity with conventional dwellings.
- Consumers are increasingly prepared to pay higher upfront costs for zero-energy homes as they recognise that these energy-efficient homes deliver measurable cost savings over the long-term.
- Depending on which climate zone zero-energy houses are located, cutting-edge envelope and HVAC solutions are not always necessary for delivering results – therefore enabling consumers to achieve zero-energy efficiency levels with a significantly lower cost premium.
- The cost of zero-energy homes will continue to decline over the next decade
Alongside these findings, the report also provides homebuilders and policymakers with guidance on how to bring zero-energy homes and zero-energy ready homes to market.
More information here