There is a growing number of labels, scores, and certifications in the market today that assign a metric of performance to existing and new homes that include energy efficiency features. Some residential scores and labels are national, like Home Energy Score, but many are local or regional, like our friends at Pearl Home Certification (which you can read more about here). In the absence of a federal mandate certifying the energy performance of all homes (similar to many European policies), the private sector has stepped in to capitalize on the growing awareness and demand for homes that have lower utility bills, more comfortable rooms, and healthier living spaces.

The proliferation of scores, labels, and certifications is not necessarily a bad thing. Putting aside the issue of market confusion for the moment, what HPC and others are hoping to do is create a capital market for energy efficiency through the valuation of homes. If homeowners know that the value of their home is increased by energy efficiency improvements, in the same way that it is enhanced by more visible amenities such as granite countertops, they will be much more likely to invest in those improvements.

Demonstrating this “energy efficiency premium” in the marketplace is challenging. It requires the energy efficiency industry to provide realtors and appraisers with high-quality information about a home’s energy efficiency features at the time of listing, and it requires education of all sectors involved in real estate sales. (The City of Portland recently approved a policy to have every home sold in Portland receive a Home Energy Score, or equivalent, at the time of listing).

HPC works with stakeholders in the energy efficiency, real estate, and appraisal industries to advance the accurate valuation of energy efficient homes. We bring transparency and standardization to the market through the development of data standards, like BPI-2101-S-2013 Standard Requirements for a Certificate of Completion for Residential Energy Efficiency Upgrades (BPI-2101), and common reporting templates. BPI-2101 is a nationally recognized protocol that facilitates the transfer of information and data about a home’s energy efficiency characteristics into the real estate value chain. Terms that are defined in BPI-2101 are aligned with HPXML and with the Real Estate Standards Organization’s Data Dictionary and the Appraisal Institute’s Residential Green and Energy Efficiency Addendum, an attachment that appraisers can elect to include in their residential appraisal when completing a high-performance home assignment. This alignment is crucial for ensuring that real estate professionals have access to reliable, high-quality data on a home’s energy efficiency features, either by attaching a BPI-2101-compliant report to an MLS listing sheet or through the automatic population of MLS systems.

HPC is currently updating BPI-2101 to account for new versions of HPXML, RESO’s Data Dictionary, and the AI Addendum. We plan to have a new version released early 2018. We also plan to work with Elevate Energy and the Northeast Energy Efficiency Partnerships next year to pilot the use of BPI-2101.

This article was written by Julie Caracino, Director of Research and Standards at Home Performance Coalition (HPC). HPC is a 501(C)(3) nonprofit organization that works with industry leaders in the home performance and weatherization industries. HPC collaborates with like-minded organizations to ensure all homes are healthy, comfortable, and energy-efficient. Through projects, policy, publication, online communities, and regional and national conferences, HPC brings together industry leaders to exchange ideas, solve problems and build momentum for the rapidly-growing residential energy efficiency industry.

Views: 108

Tags: BPI, HPXML, data, standards

Comment

You need to be a member of Home Energy Pros Forum to add comments!

Join Home Energy Pros Forum

Latest Activity

Michael Dunseith posted a status
12 hours ago
CEE posted a blog post
20 hours ago
Sean Lintow Sr replied to Chris Bellanca's discussion Overheating garage
"There are only two methods - block the heat before it gets in & exhaust what gets in Blocking -…"
yesterday
John White posted photos
yesterday
John White posted a blog post
yesterday
Rob Madden posted a discussion

E&O Insurance

Any recommendations for a good E&O and general liability insurance carrier for energy…See More
yesterday
John Redmond added a discussion to the group Energy Auditing Equipment for Sale, Trade or to Purchase
Thumbnail

Flir I7 Infrared Camera (Barely Used)

I have been away from this site for a while, so my apologies if this is supposed to be posted…See More
yesterday
John Redmond joined allen p tanner's group
Thumbnail

Energy Auditing Equipment for Sale, Trade or to Purchase

Discuss the pros and cons of the equipment you are interested in prior to purchase. Post equipment…See More
yesterday
Hannah Wood liked Quinn Korzeniecki's discussion Application Period for 2018 Energy Auditor (EA) and Quality Control Inspector (QCI) Pilots Now Open
yesterday
Quinn Korzeniecki posted a discussion

Application Period for 2018 Energy Auditor (EA) and Quality Control Inspector (QCI) Pilots Now Open

We need you!Applications are now being accepted to participate in the 2018 Energy Auditor (EA) and…See More
yesterday
Quinn Korzeniecki added a discussion to the group Building Performance Institute (BPI)
Thumbnail

Application Period for 2018 Energy Auditor (EA) and Quality Control Inspector (QCI) Pilots Now Open

We need you!Applications are now being accepted to participate in the 2018 Energy Auditor (EA) and…See More
yesterday
David Butler replied to Chris Bellanca's discussion Overheating garage
"Easy... insulate the attic ceiling. I'm not sure how much good it would do to air seal a…"
yesterday
Chris Bellanca posted a discussion

Overheating garage

Hi all, I'm looking for potential solutions to a problem at a client's house.  The south facing 2…See More
yesterday
Landon added a discussion to the group Energy Auditing Equipment for Sale, Trade or to Purchase
Thumbnail

Brand new retrotec blower door system $3000

Hi, I’ve got a brand new blower door system from retrotec that I got 2 months ago, and never got…See More
yesterday
John Redmond posted discussions
yesterday
David Holtzclaw replied to David Holtzclaw's discussion GSHP for domestic hot water
"Thanks John & Bill. Bill your experience is one reason why I wanted a larger heat pump with…"
yesterday
Diane Chojnowski posted events
Wednesday
Rob commented on Bob Krell's group Healthy Indoors (IAQ)
"Hello, Has anyone tried custom filtering of window AC units? Specifically concerned with…"
Wednesday
Michael Dunseith's 2 photos were featured
Wednesday
Franco Oyuela commented on Perry Ning's blog post Warnings About Portable Air Conditioners
"Here are the top five benefits of owning a portable air conditioner: 1. Low Price – All…"
Wednesday

Photos

  • Add Photos
  • View All

© 2018   Created by Home Performance Coalition (HPC)   Powered by

Badges  |  Report an Issue  |  Terms of Service