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IOWA
2009 INTERNATIONAL ENERGY CONSERVATION CODE
One of the major barriers to energy code adoption across the country is the concern that Mortgage Monthly Cumulative
new codes will add to the purchase price and potential buyers will not be able to afford the Month
Increase Energy Savings Cost/Benefit
homes they want. In Iowa, upgrading homes to the 2009 International Energy Conservation
Code will actually reduce out-of-pocket expenses for homeowners – paying off their initial 1 $172.74 $21.71 -$151.03
investment in a matter of months. 2 $3.73 $21.71 -$133.05
For the average new home, BCAP estimates the costs of the new code will add a total of $864 3 $3.73 $21.71 -$115.07
in construction costs—an increase of only 0.3%. When this amount is rolled into the average 4 $3.73 $21.71 -$97.09
mortgage, real costs to homebuyers will mean a down payment increase of $172.74, and 5 $3.73 $21.71 -$79.11
$3.73 extra on monthly mortgage bills.
6 $3.73 $21.71 -$61.13
These added mortgage costs will be offset, however, by monthly energy savings of $21.71, 7 $3.73 $21.71 -$43.15
helping homebuyers pay off their initial investment in only ten months. After breaking even
in month ten, the home will return buyers a profit of $18 per month—for a total return of 8 $3.73 $21.71 -$25.17
$214 every year. This return on investment is graphed below and presented as a balance 9 $3.73 $21.71 -$7.19
sheet at right. 10 $3.73 $21.71 $10.79 Break Even
Energy Code Payback for Iowa Single Family Homes 11 $3.73 $21.71 $28.77
Lighting: $50
Payback Period
10 months
2-year Profit
2 $262.51
Duct Sealing and
Testing: $350
5-year Profit
5 $909.79
Climate Zone 5
insulation
r-value: 19 a 20 frame wall
Climate Zone 6
insulation
r-value: 19 a 20 frame wall
r-value: 10/13 a 15/19 basement
For the full Incremental Cost Analysis study, please visit bcap-ocean.org