STEP ON THIS SCALE. FIND OUT HOW YOUR HOME MEASURES UP!
Thank you for coming to our calculator!
We are in the process of improving it, so please feel free to make suggestions and come back regularly to see our improvements!
Enter your Zip, square footage, annual electric and heating fuel use, then clickCALCULATE:
(See discussion below about harvesting value from above average performing homes.)
WHY WE CREATED THIS CALCULATOR – Unlocking Capital Value of you HIGH PERFORMANCE home
If your home is very efficient would you like to have that be recognized when you sell?
Say your home costs $30 per month LESS than average to run, when you sell would you like the market recognize and pay you for some of that $30?
If you were a buyer competing against other buyers, would your ability to SEE that $30 make you comfortable offering part of that $30 from your housing utility budget when bidding on the house?
Would you maybe pay MORE than $30, knowing that the house is probably more healthy and comfortable than the average house?
Conversely, if a house cost $50 MORE per month than the average to run, wouldn’t you want to be able to SEE that?
Would it make you worry that there are hidden things WRONG with the house? Might that impact the amount you were willing to pay for the house?
We think the answer here is YES also! All that is missing is confidence that the numbers aren’t made up, and a way to calculate present value.
This is why we created this calculator. People don’t pay for values they can’t SEE. We think the market needs a way to recognize and reward homes that perform well.
When it comes to energy use, at some point most people wonder “How does my house compare?”
This line of questioning is heading in the right direction. Understanding how you compare is an early step in understanding how out of whack your home is, and beginning to quantify your opportunity to reduce your energy use and improve your comfort.
A poorly performing house uses MORE energy and provides LESS comfort than an efficiently performing house.
But how CAN you compare? Compare to WHAT?
Frustrated by this we’ve been working to solve the problem of comparison. The first calculator was simply based upon anecdotal experience gained from seeing 100’s of houses and their energy bills.
Turns out the Department of Energy has a national dataset with energy use of hundreds, sometimes thousands of houses per state. So this second iteration is using that data to allow us to compare to large numbers of homes.
Accuracy at this non-granular level doesn’t need to land on the head of a pin, it needs to be more like playing horseshoes. Like MPG on your car, we don’t need to go into fractions, round numbers provide plenty of insight to determine if further action is warranted.
To compare across fuel types we convert to Energy Use Intensity per Square Foot Year. Again, this is not a perfect comparative for representation of value, but neither is housing value per square foot, yet that is a commonly used metric of comparison. We don’t think a “perfect” metric of comparison exists, which is why people tend to use multiple comparisons (number of bedrooms, bathrooms, etc….). We feel EUI per square foot/year is the best way for people with relatively similar but different size homes to understand how their home is performing relative to other homes, and the “average” home.
MISSING- CAPITAL VALUE OF ENERGY EFFICIENCY – DELTA TO MEDIAN
If you have a better than average house, what proof can you provide? How does that “proof” convert to dollars? Hopefully this calculator will help you unlock the value of “better”.
Once you have the average home you can understand not only if your home is better or worse than average, you can know by how much. It’s not a giant step from there to converting that energy use delta to a monthly dollar delta.
Once you convert to a dollar delta it’s only a small step to convert to present value, and now you are on your way to solving the problem of having the housing market recognize the capital value of energy efficiency cash flow.
Most people’s single largest energy expense is heating their homes.