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City Seeks to Require Energy Cost Disclosure - The Montpelier Bridge

The Montpelier Bridge
A sample energy disclosure. Courtesy Northeast Energy Efficiency Partnerships.
Montpelier residents would be required to disclose their home’s annual energy cost when selling their property under an ordinance proposed by the city council.
If approved, the measure would require home sellers to obtain a free Vermont Home Energy Profile (VHEP) and provide the results to realtors and prospective buyers. The profile includes an annual cost estimate for heating, cooling, and electricity use and applies an algorithm that scores the home on its energy consumption.
City officials say the profile is good for buyers and sellers by informing the owner of his or her current energy use and offers consumer protection for buyers by educating them on what improvements might be needed to lower energy costs. ....

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Smart Ways to Cut Your Utility Bills

Illustration by Jing Zhang
A big slice of the cost of owning a home is what you spend on energy. Average annual energy spending in the U.S. adds up to $1,472 for electricity, $416 for natural gas and $113 for fuel oil and other fuels, according to the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. (Your own expenses will vary depending on utility costs in your area, the size of your home and how heavily you use energy.)
The federal government encourages energy-efficient home improvements by offering tax credits for certain upgrades. For existing primary residences, putting in energy-efficient windows and doors, furnaces, air conditioners, insulation, water heaters, roofs and some other items qualifies you to take a tax credit of either 10% of the cost or specific amounts ranging from $50 to $300, depending on the improvement. The credit is currently set to expire at the end of 2021, and a lifetime cap of $500 applies to the total value of credits you can g ....

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