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Module 1 Student Guide - ToolBase Services

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1 introduction & marketing 13<br />

SLIDE<br />

VALUE OF ENERGY EFFICIENCY TO YOUR CUSTOMERS<br />

HOMES COST LESS TO OPERATE<br />

Introduction<br />

Value of Energy<br />

Efficiency<br />

Certification<br />

Marketing<br />

Energy<br />

Efficiency<br />

Decision-<br />

Making Tools<br />

Financing<br />

Energy<br />

Efficiency<br />

Remodeling<br />

KEY CONCEPTS<br />

EXPLANATION<br />

Operational cost of efficient homes.<br />

Regardless of location or utility<br />

rates, energy improvements made<br />

during the remodeling process will<br />

result in lower utility bills for the<br />

customer. Every unit of energy<br />

saved helps buffer homeowners from future<br />

energy price increases. For example, during the<br />

2004-2005 heating season, the prices of fuel oil,<br />

natural gas, and electricity rose 20%, 7%, and<br />

4%, respectively, in January 2005 compared to<br />

January 2004. As with a more fuel-efficient<br />

vehicle, the magnitude of the cost increase due<br />

to fuel price increase will be lower than that of a<br />

less-efficient home. For example, consider two<br />

cars; one gets 50 mpg and the other 25 mpg.<br />

The less efficient car typically uses $1,000 of<br />

gasoline in a year; a 20% increase in fuel price<br />

translates into $200 added cost. The more<br />

efficient car typically uses $500 of gasoline per<br />

year; the increase in price causes an additional<br />

$100 fuel cost.<br />

This money, which would typically be paid to a<br />

utility, is now available for the homeowner to<br />

spend or save as they see fit. The money saved<br />

each month may even help the homeowner<br />

afford those other options for their home that<br />

they couldn’t otherwise purchase.<br />

In general, a nominal increase in cost for<br />

energy efficiency upgrades today will not only<br />

pay for itself over time but will continue to save<br />

customer money for years to come, ensuring a<br />

return on their financial investment.<br />

ACTION ITEMS<br />

RESOURCES<br />

Consider the long-term investment<br />

and reduced impact of price<br />

volatility due to energy efficiency.<br />

Home Energy Saver web tool: http:/<br />

/homeenergysaver.lbl.gov/<br />

http://weatherization.ornl.gov/<br />

NOTES<br />

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13 <strong>Student</strong> <strong>Guide</strong> C E R T I F I E D E N E R G Y E F F I C I E N C Y R E M O D E L E R

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