Showing posts with label green. Show all posts
Showing posts with label green. Show all posts

Friday, March 25, 2011

Going Green Redux-Refrigerators

(article written by my wife, Elizabeth)

In Montgomery County, approximately 1/3 of our greenhouse gas emissions come from our homes. Refrigerators use the most energy out of all home appliances. If you want to reduce your carbon footprint, pay close attention to your refrigerator. According to Pepco, a refrigerator purchased prior to 1993 often uses more than twice the energy of a new ENERGY STAR qualified model. On average, a unit from that era costs over $50 MORE per year to operate than the latest efficient models. Models from 1980 and earlier are estimated to cost an ADDITIONAL $150 to operate annually!
Excess use of energy and the wear and tear on your wallet can really add up. Utilities in some parts of the US and in other countries are actually paying customers to get rid of these old refrigerators. Unfortunately, I have not been able to find any references to this kind of “cash for clunkers” in Maryland. However, many new refrigerators do qualify for special energy star rebates.
If you are keeping that extra refrigerator or freezer around simply for convenience, think this through very carefully. We all really do not to be paying attention to how much energy we use. And take a close look at Pepco’s Home Energy Savings details to determine what you should do about the refrigerator in your kitchen. Go to http://homeenergysavings.pepco.com/md/faq#refrigerator .
Your neighbor is not going to peek into your home to see what you are doing – and neither will this editor. But all of your neighbors will benefit when we all take steps to reduce our impact on our fair planet. AND – KEEP THAT REFRIGERATOR DOOR CLOSED!

Wednesday, January 7, 2009

Going green in Silver Spring (hey that rhymes)

Montgomery County homeowners should be aware of the new Energy Efficiency Disclosure law that went into effect on January 1, 2009. With a few exceptions all home sellers are required to comply with this new law. It applies to all sales contracts signed after that date. Even if your home was listed for sale prior to January 1, 2009, you will still have to comply with the law.

The bill as passed specifies that “before” signing a contract for a single family home the seller must provide the buyer with:

1. General educational information on energy-efficiency improvements and energy audits approved by the Department of Environmental Protection.
2. Copies of the electric, gas, and heating oil bills OR cost and usage history for the single family home for the immediate prior 12 months.

Although a bit of a nuisance and a little vague, I think the law is a good idea. As the seller of a home you are required to provide information about the utility costs and any energy efficient upgrades that have been done to your home. As a Realtor, I can tell you that more of my clients are concerned about the efficiency of the homes in which they have taken an interest..

Take note! This law is a reflection of a growing trend in real estate. You can expect the demand for energy efficiency in homes to grow in the coming years. It was a close call, but the bill that was just passed almost had a provision calling for energy audits to take place with each transaction involving a single family home. Somebody would have had to pay for this audit. In this current buyer’s market the burden for costs such as this are falling on the seller.

Although energy audits are not required at this date, you can expect to see purchasers requesting such an audit as part of the home inspection contingency portion of their purchase bids. This only makes sense as the gas and electric bills constitute a major portion of any homeowner’s monthly expenses and homebuyers want to know what they are getting into.

What does this mean for you? If your home has an older heating or cooling system, poor insulation, or older windows that have not been updated, there is a good chance that these factors will affect the value of your home. More important, a home with low energy efficiency might not attract any offers at all considering the large number of competing homes currently on the market. If you think you will be a home seller in the next few years, perhaps now is the time to have an energy audit done on your property. This way you will know in advance what the energy weak points are with your home and can lay out a plan for gradual improvements before you place your home on the market. Of course, making improvements now will allow you to gain the benefits of the lower utility costs while you are still living in your home.