05 Jul 2007 06:32 am
The Secrets of Coping with Higher Summer Energy Costs
| BASF, which built a “near-zero energy” house in Paterson, N.J., is bringing technology used to create that home to low and moderate income neighborhoods in other cities, according to Jack Armstrong, business manager for the German-based chemical company, who oversaw the project. Armstrong said that a zero-energy home can be “cash-flow positive” to the homeowner from the “very first day,” because while achieving this level of performance can add $45 to $90 in monthly mortgage payments, it can save $140 a month that the typical consumer was paying on utility bills “before the era of wildly fluctuating energy costs.” Wormley, Armstrong and others acknowledge that these solutions to energy costs and housing affordability are long-term, and will do little to help consumers deal with higher utility bills this summer. |
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