2012 International Energy Conservation Code
Upgrading new homes in Utah’s Climate Zone 5 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.
Energy Code Payback for Utah Single Family Homes
Break-Even Point
17 21 MONTHs
$64.5119-20%$813.16
Annual Energy
Reducon2-year Profit5-year Profit
The added mortgage costs will be oset by
monthly energy savings of $29-30,
helping homebuyers pay o their initial investment in only seventeen totwenty-one months. After breaking even during that time, the home will returnbuyers a
prot of at least $21 per month
—for a total return of $250 every year. This return on investment is shown in balance sheet below.For the average new home, the 2012 IECC will only increase construction costs bya total of $1,926-2,215. When this amount is rolled into the average mortgage,real costs to homebuyers will mean a down payment increase of only $351-364,and $7-8 extra on monthly mortgage bills.
MonthMortgageIncreaseMonthlyEnergy Savings1$443.08$29.29-$413.80
2$8.49$29.29-$393.00
3$8.49$29.29-$372.20
4$8.49$29.29-$351.41
5$8.49$29.29-$330.61
6$8.49$29.29-$309.82
7$8.49$29.29-$289.02
8$8.49$29.29-$268.22
9$8.49$29.29-$247.43
10$8.49$29.29-$226.63
11$8.49$29.29-$205.84
12$8.49$29.29-$185.04
19$8.49$29.29-$39.47
20$8.49$29.29-$18.67
21$8.49$29.29$2.1222$8.49$29.29$22.9223$8.49$29.29$43.7124$8.49$29.29$64.51
BREAK EVEN AND START EARNING $21 IN PROFIT EVERY MONTH.
CumulativeCost/Benet
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 payment—suchas 10% down—consumers will break even on their investment evensooner.
FOR NEW HOMES IN
UTAH
Climate Zone
5
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