Bring in the New Year
Post contributed by Aaron Fairchild:
Welcome to 2010…
All of us at G2B Ventures are excited and looking forward to what the New Year holds in store.
At the top of the list…We just moved into our office in Fremont. We love it! We are in Suite 222 at 999 N. Northlake Way. Feel free to stop-in and say hi if you are in the neighborhood!
We are also looking forward to putting our first home on the market this year. At the end of last year we bought a physically distressed house in West Seattle, and are in the middle of remodeling it right now. As a result of its original state of disrepair, the initial Energy Performance Score (EPS) on the house registered in at 30,400kWh per year, with a whopping 19 air changes per hour! This is over double the Washington target of 12,550kWh/year and well over the average of 25,100kWh/year. With so much physical distress in the home, we will be able to improve the energy performance of the home dramatically. We are excited to put the home up for sale in March and see how the market reacts.
This year I am predicting that the tide of awareness turns towards the benefits of home energy efficiency and that we will begin to see REAL demand for efficient homes, energy assessments, and energy retrofits. We will see local financing programs for energy efficiency and hopefully some progressive city legislation that drives awareness and demand for residential energy efficiency. Additionally, G2B Ventures will be putting our energy efficient remodels on the market throughout the year. This will give us all an opportunity to see how the market reacts to more efficient existing homes, an opportunity we feel is beautifully timed to current events.
However, if we want to see real market transformation that lives up to the demand, the key will be driving meaningful efficiency in homes. The market will not tolerate lack of transparency or minimal savings without a backlash. In order to prevent that from happening, those of us working in residential energy efficiency must measure and demonstrate the on-going value to the customer and be transparent in our efficiency work. Good luck out there!
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