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Cost Increment Project-FINAL_0

Cost Increment Project-FINAL_0

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Published by bcap-ocean

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Published by: bcap-ocean on Jun 08, 2011
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10/15/2013

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The Building Codes Assistance Project 
 
IncrementalConstruction Cost Analysis for NewHomes
Building to the 2009 IECC
Zachary Paquette, John Miller, Mike DeWein4/30/2010Updated June, 2011
 
 
Executive Summary
As an independent judge of the efficacy of energy codes, BCAP strives to use data to addressenergy code barriers, including the real or perceived construction costs incurred by codechanges. One major barrier to energy code adoption is the concern in the building communitythat upgrading to the latest version of the residential energy code, the 2009 IECC, will result incost prohibitive increases in construction cost for new single-family homes.In an effort to address this concern, BCAP undertook a study to quantify the incrementalconstruction cost of upgrading to the 2009 IECC in each state where such analysis was feasible.BCAP’s incremental construction cost analysis indicates that for states to move from theircurrent residential energy code to the 2009 IECC would result in a weighted averageincremental cost of $840.77 per new home. On average, the annual energy savings per homeare $243.37, meaning the simple payback for homeowners would occur, on average, in 3.45years. We believe these cost estimates are conservative and represent an upper bound onincremental cost, as they utilize only traditional building techniques, and do not take advantageof technologies or performance tradeoffs that would lower those costs, as well as improveenergy performance.

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