NBN Online for the week of November 17, 2008

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In This Issue:

Front Page
NAHB Contests ICC Vote Mandating Fire Sprinklers
Builders Can Find Alternate Funding Sources Close to Home
Read More in Nation’s Building News — Win a Full IBS Registration
Coast to Coast
Will Obama Bring Back ‘Buy-Downs’?
Forum
Letter to the Editor: Older Homes Are a Waste of Energy
Economics & Finance
Housing Affordability Rises to Highest Level in Four Years
Eye on the Economy: The Housing Recovery Will Have to Wait a While
Useful Links to Monitor Economic and Housing Trends
Downturn
Builders Must Begin to Meet Potential Buyers on Their Turf
Tap Into Green Remodeling With Home Performance Testing
Robust Web Presence Can Bring New Opportunities
IBS
Register Online for the 2009 Builders' Show in Las Vegas
IBS Education Focuses on Staying Ahead in Tough Market
Tips
Builders’ Tip: Accurately Cut I-Joists With a Cutoff Fixture
Technology
Technology Adds Appeal, Pizzazz to Staging a Home
codes and standards
NAHB Members Sought for 2009-10 ICC Code Committees
Remodelers
Home Owners Cut Back on Remodeling in Third Quarter
Custom
To Stay Ahead in Tough Times, Set Yourself Apart
50Plus Housing
Apply for the Prestigious 2009 Best of 50+ Housing Awards
Multifamily
Enter Pillars of Industry Multifamily Awards by Nov. 21
Market Realities, Emerging Trends at Pillars Conference in March
Education
Designations Can Give You an Advantage in 2009
Education Calendar
Labor
Training for Disabled Workers Continued in Columbia, S.C.
Building Products
New Maytag Washers, Dryers Use Commercial Technology
TV
NAHB-Produced Programs on DIY, Fine Living and HGTV
Endowment
Intern Learns Value of Adaptability in Tough Times
Lee S. Evans Scholarship Deadline Extended to Dec. 1
Association News
Chicago Builder George ‘Bud’ Arquilla Jr. Dies at 86
HBA Leaders Need Optimism, Trust to Navigate Downturn
Few Spots Remain for ‘Presentation Skills’ at IBS
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Members, Combine GM $500 Private Offer With Red Tag Event
Williams Scotsman Offers One Month Free Rent, $50 Gas Gift Card
Save $25 on Hertz ‘Green,’ ‘Fun’ or ‘Prestige’ Weekly Rentals
Calendar of Events
NAHB Career Center

Letter to the Editor: Older Homes Are a Waste of Energy

Dear Editor:

In a recent article (“Tax Credits Heat Up Demand for Solar Homes in Florida,” Nov. 3), one, small, new-home builder goes green and makes the process cost-effective for the buyer and himself. But what about existing homes?

During the last four years, Rebuilding America has purchased more than 150 single-family houses in the Pensacola area, remodeled them and is now managing them as “affordable working class houses.” They rent for between $350 and $995.

Most of the houses we have purchased and will continue to purchase were built in the 1940s, ’50s, ’60s and ’70s. In most cases, they have no insulation whatsoever in their exterior walls and attics or beneath their raised floors. All the windows are single pane glass and not sealed well, and the hot water heaters are not insulated.

By our early estimates, more than 50% of the total energy used in these homes is being wasted. That’s more than $135,000 a year that is lost paying for wasted electricity and natural gas.

This does not include the cost of the carbon dioxide and other pollutants that the utility is discharging into the environment for this wasted energy. Pensacola's electricity is created by coal.

Keep in mind that the tenants pay for their utilities, not the landlords, so why should we care?

This recession has focused my attention on reducing waste in many areas of our business. During the last 12 months, we have reduced our costs by more than 60% to stay in business. In the process, we discovered the huge waste in energy when we conducted a thorough analysis of all our properties.

So far, we have done nothing in this area, other than to contact our local utility Gulf Power. The utility company has not yet responded to my correspondence.

Some studies I’ve read show that the total American electricity market is about $300 billion a year, with residential use accounting for about one-third of this amount. At least half of this is wasted. 

It is time that Americans get mad at the huge waste of our financial net worth, not only as a nation but as individuals. Costs of fuel and utilities go up every year and the waste continues.

I wonder how long it will be before the State of Florida, as well as the federal government and every utility company, stops supporting waste in utilities and energy.

One place they can start is with 150 older single-family homes in Pensacola, Fla.

Steve Jordan
Rebuilding America
Pensacola, Fla.


 

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