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COLORADO
2009 INTERNATIONAL ENERGY CONSERVATION CODE
One of the major barriers to energy code adoption across the country is the concern that new Mortgage Monthly Cumulative
codes will add to the purchase price and potential buyers will not be able to afford the homes Month
Increase Energy Savings Cost/Benefit
they want. In Colorado, upgrading homes to the 2009 International Energy Conservation
Code will actually reduce out-of-pocket expenses for homeowners – paying off their initial 1 $184.55 $19.96 $164.59
investment in a matter of months. 2 $3.99 $19.96 $148.62
For the average new home, BCAP estimates the costs of the new code will add a total of $923 3 $3.99 $19.96 $132.65
in construction costs—an increase of only 0.3%. When this amount is rolled into the average 4 $3.99 $19.96 $116.68
mortgage, real costs to homebuyers will mean a down payment increase of $184.55, and 5 $3.99 $19.96 $100.71
$3.99 extra on monthly mortgage bills.
6 $3.99 $19.96 $84.74
These added mortgage costs will be offset, however, by monthly energy savings of $19.96, 7 $3.99 $19.96 $68.77
helping homebuyers pay off their initial investment in only twelve months. After breaking
even in month twelve, the home will return buyers a profit of $16 per month—for a total 8 $3.99 $19.96 $52.80
return of $192 every year. This return on investment is graphed below and presented as a 9 $3.99 $19.96 $36.83
balance sheet at right. 10 $3.99 $19.96 $20.86
Energy Code Payback for Colorado Single Family Homes 11 $3.99 $19.96 $4.89
$50 12 $3.99 $19.96 $11.08 Break Even
13 $3.99 $19.96 $27.05
Lighting: $50
Window Upgrades
Payback Period Climate Zone 4: $120
12 months
2-year Profit
2 $202.72
Duct Sealing and
Testing: $350
Programmable
Thermostat: $50
Annual Energy Reduction
13-14% Insulation Upgrades
Climate Zone 5: $402
Climate Zone 6: $402
Climate Zone 7: $1,184
5-year Profit
5 $777.64
Climate Zone 4 Climate Zone 6
u-factor: .4 a .35 window insulation
r-value: 19 a 20 frame wall
For the full Incremental Cost Analysis study, please visit bcap-ocean.org