As oil and natural gas prices continue to rise, more and more homeowners are looking at investing in new technologies that will reduce their energy use. Researchers have helped promote the development of utility solutions that allow a property owner to decrease operational costs associated with the structure.
According to a survey by the National Association of Realtors, about 9 out of 10 homebuyers said heating and cooling costs were important when considering buying a house. The Tennessean reported that homebuyers are making sure to debate the merits of the utility solutions installed in the structure.
"As energy savings and green building features are becoming more important to buyers, sellers and businesses, it comes as no surprise that consumers are placing a higher value on properties with those features," said National Association of Realtors President Gary Thomas, according to the news source.
Homebuyers are looking at properties and trying to determine how much it will cost each month to run the utilities. As a result, more people are willing to pay a bit more in upfront costs to save each month they own the property.
The Tennessean reported that homeowner Shane Stever is so convinced that energy-efficient technologies will save him a considerable amount of money in the long run, which is why he is spending $10,000 extra for his new house.
"It does help the environment," Shane Stever said of his home's energy-saving features. "It helps save power and cuts my costs. And it will help the resale value."
Green utilities solutions like energy efficient hot water heaters and furnaces are a great way to reduce the cost of operating a home. This option reduces the amount of energy is consumed to ensure that there is a consistent presence of hot water in a tank.
Another key feature in a green home is a radiant floor heating system. This technology allows a homeowner to remain comfortable and relaxed, without spending a lot on heating. The consistent delivery of warmth through the floors is much different than a traditional heating option that uses a vent, baseboard unit or radiator for optimal heat control. When combined with high R-value insulation, a homeowner is able to limit heat loss and decrease the amount of energy consumed by the property to keep it at a comfortable temperature.