Wednesday, June 19, 2024


How homeowners are investing in efficiency

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Photo by Ian MacDonald on Unsplash

Written by Annalise Mantz and published in Stacker.

Energy efficiency is a growing reason for renovations: A 2020 survey, released in 2021, found that more than 70% of U.S. homebuyers want at least one key energy-efficiency feature, such as Energy Star-rated windows or appliances, efficient lightbulbs, and triple-pane insulating windows.

In line with that trend, the Census Bureau’s 2021 American Housing Survey found that among respondents nationwide, 27.5% of their home improvements were made to increase energy efficiency—the most common reason, followed by increasing accessibility for the elderly or disabled and preparing a home for sale. In this survey, homeowners were asked if they had done any home remodeling or major improvements, excluding cosmetic updates like painting. Energy efficiency upgrades are efforts made by homeowners to reduce their energy consumption or energy loss, such as replacing appliances or adding insulation.

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