Appraisal Institute Aids DOE on Home Energy Efficiency

The Appraisal Institute recently announced it has joined the U.S. Department of Energy's new Better Buildings Accelerator, which will convene leaders to focus on key solutions to expanding energy efficiency in the residential sector.

The Appraisal Institute, which is the nation’s largest professional association of real estate appraisers, and 31 other partners will focus on expanding awareness of homes’ energy efficiency and streamlining the processes used to help consumers improve the efficiency of their homes.

The Better Buildings Home Energy Information Accelerator supports the president’s Climate Action Plan with a goal to accelerate investment in home energy efficiency improvement projects across the country, according to the Energy Department.

“The Appraisal Institute is honored to be part of this important initiative and to work with the Energy Department and other partner organizations,” said Appraisal Institute President M. Lance Coyle, MAI, SRA. “This opportunity is yet another example of the Appraisal Institute’s leadership in green and energy-efficient valuation.”

The Home Energy Information Accelerator brings together leaders in real estate and energy efficiency to expand the availability and use of reliable home energy information at relevant points in residential real estate transactions. The Energy Department said Accelerator partners will develop and demonstrate replicable, sustainable approaches that make energy-related information – such as a home’s efficiency certification or its estimated energy usage – easily available through multiple listing services and other reports.

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Date Posted: 6/17/2015