Craig Foley, REALTOR, LEED GA
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  • Cambridge, MA
  • United States
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Case Study: Price Premium HPH vs Built-to-Code New Construction

Started Apr 12, 2018 0 Replies

Here is a link to my blog where you can download the full case study I just published about the Fort Hill project in Boston. More evidence that buyers speak with their wallets when it comes to…Continue

 

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Craig Foley, REALTOR, LEED GA posted a discussion

Case Study: Price Premium HPH vs Built-to-Code New Construction

Here is a link to my blog where you can download the full case study I just published about the Fort Hill project in Boston. More evidence that buyers speak with their wallets when it comes to sustainability and high-performance...…See More
Apr 12, 2018

Profile Information

Company
RE/MAX Leading Edge and Sustainable Real Estate Consulting Services
Role in Home Performance Marketplace
Realtor
Professional Interests
Helping clients that value high performance homes, or clients that wish to have a greater understanding of the benefits of how performance real estate.
Website URL
http://www.realestate-sustainability.com
Blog URL
http://energysolutionsforrealestate.blogspot.com/
Twitter ID
@REMAXHrtgGREEN
Facebook Page
www.facebook.com/SustainableRealEstateConsultingServices/
LinkedIn Profile
http://www.linkedin.com/profile/view?id=164437832&trk=hb_tab_pr...
Pinterest Page
http://pinterest.com/craigfoley/

Looking forward: when our home utility bills become utility invoices...

Distributed generation, electricity being generated on the house side of the meter, usually in the form of a solar array in New England, has a chance to be a real game changer in how consumers think about power. Combined with utility meters that measure not only energy consumed by the building, but electricity being supplied to the grid, from the distributed generation resource, are here to stay. Meters that “spin backwards” called net meters, actually pay the homeowner for supplying power to the utility grid.
As smart grid improvements, and consumer sophistication about how electricity is priced matures, it is conceivable we could reach a time when homeowner investment in distributed generation changes our perception of utility bills to utility invoices.  I mentioned on the RE/MAX Leading Edge Green Facebook page a while ago that the wholesale price of electricity was $0.00 from 4-6 AM one day. Hopefully with the right smart grid choices, consumers will be able to take advantage of using power at off-peak times when the price of power is less expensive. 
Combining advanced smart grid technologies with distributed generation will one day need to be looked at by real estate appraisers as a property asset. Consumer perception of utility bills as a liability may be changing.

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