KB Home Receives Industry-leading Number of ENERGY STAR® Certified Homes Market Leader Awards
LOS ANGELES--(BUSINESS WIRE)--Jun 20, 2019--
KB Home (NYSE:KBH) is pleased to announce that it has been recognized by the U.S. Environmental Protection Agency (EPA) with 2019 ENERGY STAR Certified Homes Market Leader Awards in each of its primary markets nationwide. The 20 awards that KB Home earned are more than any other homebuilder, underscoring its leadership in building homes to ENERGY STAR certification standards.
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KB Home receives industry-leading number of ENERGY STAR® certified homes Market Leader Awards. (Graphic: Business Wire)
Each year, the ENERGY STAR Residential New Construction program presents Market Leader Awards to outstanding partners that have made important contributions to energy-efficient construction and environmental protection by building a significant number of ENERGY STAR certified homes. EPA proudly recognizes KB Home’s efforts as an ENERGY STAR partner.
KB Home built its first ENERGY STAR certified new home in 2000. The 131,000+ ENERGY STAR certified homes KB Home has built since that time have collectively saved homeowners an estimated $735 million in utility bills. The energy-efficient features of these homes are also estimated to have prevented greenhouse gas emissions equivalent to that emitted by 433,000 passenger vehicles.
“In 2008, we made an industry-first commitment to build 100% of our homes to ENERGY STAR certification standards, and we remain one of only three national builders to do so,” said Jeffrey Mezger, chairman, president and chief executive officer of KB Home. “We are the clear industry leader, building more ENERGY STAR certified new homes in recent years than any other homebuilder.”
While consumers may assume that energy efficiency is a given when buying a new home, EPA estimates that only 10% of new homes in the U.S. in 2016 and 2017 met ENERGY STAR certification standards. To earn the ENERGY STAR certification label, a home must meet rigorous requirements for energy efficiency set by EPA and undergo third-party testing and verification. The KB homes built to ENERGY STAR certification standards are, on average, up to 75% more efficient than typical existing homes today, and offer significant potential utility savings to KB homeowners.
“The success of the ENERGY STAR program is grounded in the great work of our partners, and our Market Leader Award winners demonstrate a high level of commitment to making ENERGY STAR certified homes and apartments available to American consumers,” said Jonathan Passe, Chief of the ENERGY STAR Residential Branch at the U.S. Environmental Protection Agency.
In recognition of its longstanding partnership with ENERGY STAR and sustainability leadership in the home building industry, KB Home has also been given EPA's highest major national awards, including the ENERGY STAR Partner of the Year – Sustained Excellence Award in 2019, the ninth year in a row that KB Home has received this prestigious honor.
Additional information about KB Home’s eDifference ® sustainability platform, which encompasses energy- and water-efficient building practices, indoor air quality and smart home technology, can be found at https://www.kbhome.com/sustainability.
About KB Home
KB Home (NYSE: KBH) is one of the largest homebuilders in the United States, with more than 600,000 homes delivered since our founding in 1957. We operate in 38 markets in eight states, primarily serving first-time and first move-up homebuyers, as well as active adults. We are differentiated in offering customers the ability to personalize what they value most in their home, from choosing their lot, floor plan, and exterior, to selecting design and décor choices in our KB Home Studios. In addition, our industry leadership in sustainability helps to lower the cost of homeownership for our buyers compared to a typical resale home. We take a broad approach to sustainability, encompassing energy efficiency, water conservation, healthier indoor environments, smart home capabilities and waste reduction. KB Home is the first national builder to have earned awards under all of the U.S. EPA’s homebuilder programs — ENERGY STAR ®, WaterSense ® and Indoor airPLUS®. We invite you to learn more about KB Home by visiting www.kbhome.com, calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome or Twitter.com/KBHome.
About ENERGY STAR
ENERGY STAR ® is the government-backed symbol for energy efficiency, providing simple, credible and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state and local organizations—including more than 40 percent of the Fortune 500 ® —rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy-efficiency solutions. Since 1992, ENERGY STAR and its partners helped save American families and businesses nearly 4 trillion kilowatt-hours of electricity and achieved over 3 billion metric tons of greenhouse gas reductions. In 2017 alone, ENERGY STAR and its partners helped Americans avoid $30 billion in energy costs. More background information about ENERGY STAR can be found at: energystar.gov/about and energystar.gov/numbers.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190620005157/en/
CONTACT: For Further Information:
Craig LeMessurier, KB Home
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: OTHER ENERGY ENVIRONMENT RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY ENERGY
SOURCE: KB Home
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PUB: 06/20/2019 08:00 AM/DISC: 06/20/2019 08:01 AM