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Kansas City 2012 IECC True Cost_0

Kansas City 2012 IECC True Cost_0

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Published by: bcap-ocean on Mar 29, 2012
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10/15/2013

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2012 International Energy Conservation Code
Upgrading new homes in Kansas City, Missouri to the 2012 International EnergyConservation Code (IECC) will reduce out-of-pocket expenses for homeowners –paying o their initial investment in a matter of months.
FOR NEW HOMES IN
 
Kansas City, MO
Energy Code Payback for Kansas City Single Family Homes
Break-Even Point
7 11 MONTHs
$582.2525%$2,130.60
Annual Energy
Reducon2-year Profit5-year Profit
 The added mortgage costs will be oset by
monthly energy savings of $51.73,
 helping homebuyers pay o their initial investment in only seven to elevenmonths. After breaking even during that time, the home will return buyers a
prot of at least $43 per month
—for a total return of $516 every year. This returnon investment is shown in balance sheet below.For the average new home, the 2012 IECC will only increase construction costs by$1,460-2,293. When this amount is rolled into the average mortgage, real costs tohomebuyers will mean a down payment increase of only $292-459, and $6-9extra on monthly mortgage bills.
 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 payment—suchas 10% down—consumers will break even on their investment evensooner.
MonthMortgageIncreaseMonthlyEnergy Savings1$458.70$51.73-$406.97 2$8.72$51.73-$363.96 3$8.72$51.73-$320.95 4$8.72$51.73-$277.94 5$8.72$51.73-$234.93 6$8.72$51.73-$191.92 7$8.72$51.73-$148.91 8$8.72$51.73-$105.90 9$8.72$51.73-$62.89 10$8.72$51.73-$19.88 11$8.72$51.73$23.13 12$8.72$51.73 $66.14  13$8.72$51.73$109.1514$8.72$51.73$152.1615$8.72$51.73$195.1716$8.72$51.73$238.1817$8.72$51.73$281.1918$8.72$51.73$324.20
BREAK EVEN AND START EARNING $43 IN PROFIT EVERY MONTH.
CumulativeCost/Benet
For additional Incremental Cost Analysis, please visit
energycodesocean.org.
FOR NEW HOMES IN
 
Kansas City, MO

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