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2017-11-14 16:53:44
IMPORTANT notice for any Portland homeowner- Home Energy Score

Greetings Friends,

Our goal is to educate property owners, sellers, buyers and tenants on what is happening in the local real estate world. Realtors have been in training the last few months getting prepared for a big change coming January 1st, 2018. All sellers (with a few exceptions) will be required to pay for an inspection to get a Home Energy Score if your home is in the city of Portland. The cost will range, but we are being told from $150-250 that each seller is required to pay per unit in order to list/sell their property for sale and obtain this score. 

Whether you agree or disagree, its happening... If you have thought about listing your home for sale and want to avoid the expense we can still get your home on the market with a written listing contract between now and December 31st, 2017 to have you grandfathered in. They are pushing to get this into every city in Oregon.

CALL ME and lets talk- Michelle 

Here's info directly from the City of Portland's website on the program-

Why a home energy score policy?

 

Sample home energy score report

Scores, labels and ratings are a regular part of how we communicate information. We consult miles-per-gallon ratings on cars, nutrition labels on food, and Energy Guide labels on appliances to make informed consumer decisions. However, consumer labeling for homes is inconsistent and unavailable in most real estate markets.

Of Portland’s 160,000 single-family homes, less than two percent have an energy score.

The commercial buildings market has been quicker to adopt ing practices. In 2015, Portland City Council adopted mandatory energy ing and disclosure for large commercial buildings. By April 2017, 80 percent of Portland's commercial building square footage will be reporting energy performance. The proposed Home Energy Score Ordinance is a companion to the commercial policy.

In 2009, the Oregon Legislature established a voluntary framework for home energy scoring. In 2013, additional legislation created licensing and training for certified professionals who can assess homes and produce scores. In 2015, these contractors delivered about 600 home energy scores to homeowners in Portland, mostly through programs offered by Energy Trust of Oregon and Enhabit (formerly Clean Energy Works). The average cost of a home energy score is $150 to $250.

Reaching Climate Action Goals

Voluntary efforts to date are a step in the right direction; however, we cannot achieve the 2015 Climate Action Plan goal to reduce carbon emissions 80 percent by 2050 unless we significantly accelerate energy efficiency and renewable energy activities in the residential sector. Residential buildings contribute nearly half of the emissions from buildings.

Local government plays a critical role in making it easier for people to save energy, protect against rising energy prices in the future and reduce carbon pollution. Requiring home energy scores is one of the policy tools the City has available to catalyze change in the residential sector.

Home energy scores are a market-based solution for conveying previously unknown but critical information to both buyers and sellers of homes. When homeowners invest in improving the energy efficiency of their homes, those costs may be recouped as scores translate into a value that can be recognized by the market. A recent analysis that included over 20 studies worldwide of homes with green certifications demonstrated that green-certified homes sell for up to four percent higher than a comparable home.

Beyond lower energy bills and greater housing affordability, energy-efficient homes are more comfortable and livable. The indoor air quality of these homes is better, leading to healthier lives. Home energy scores afford consumers a measure of protection when making one of the biggest financial investments most people ever make.

Benefits for Owners

  • Information on money-saving home improvements.

Benefits for Buyers

  • Better insight into the full costs of owning or renting a home.
  • Ability to compare energy costs and performance between homes.
  • Knowledge of potential home improvements in advance of purchase.
  • Access to additional mortgage products.

Benefits for Sellers

  • Recoup investments in energy efficiency upgrades at time of sale.

Here's more information and links on the City of Portlands Website

 

 
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