SoCalGas Works with Homebuilders to Increase the Energy Efficiency of Over 13,400 New Homes in 2021, Reducing Over $250,000 in Utility Bills – Yahoo Finance

SoCalGas Works with Homebuilders to Increase the Energy Efficiency of Over 13,400 New Homes in 2021, Reducing Over $250,000 in Utility Bills – Yahoo Finance

New residential units enrolled in program will help conserve energy and save on utility bills

LOS ANGELES, Jan. 12, 2022 /PRNewswire/ — Southern California Gas Co. (SoCalGas) today announced over 13,400 new single-family residential units and multi-family projects have enrolled in the 2021 Energy Efficient New Homes (EENH) Program, which enables homebuilders to construct energy efficient homes at a lower cost and continues to deliver on SoCalGas’ commitment to reduce greenhouse gas emissions (GHG). The result is higher levels of efficiency and utility bill savings for future residents. The EENH Program was projected to save approximately 150,000 net therms with over $250,000 in customer bill savings for eventual homeowners, which reduces over 794 metric tons of CO2 emissions in 2021 alone.

The program offers rebates to builders of eligible new single-family and multi-family projects. New residential construction projects that exceed California’s Title 24 Energy Efficiency Standards and are equipped with qualifying gas appliances and equipment are eligible to apply.

“Our portfolio of energy efficiency programs has proven to show results in reducing GHG emissions. Further innovations in our customer offerings will play an increasingly important role in our path to achieving net zero GHG emissions by 2045,” said Gillian Wright, senior vice president and chief customer officer at SoCalGas. “Energy efficiency is one of the most cost-effective method for achieving the state’s climate goals. In 2020 alone, SoCalGas energy efficiency programs saved over 40 million therms with $44 million saved on customers’ utility bills.”

Through the EENH program, builders can receive energy efficiency rebates on appliances installed in new residential construction projects. Newly constructed stand-alone units and low-rise and high-rise multi-family projects, such as an apartment or duplex, served by SoCalGas may be eligible. Rebates are available for tankless water heaters, furnaces, washers and dryers, and pool heaters, among other equipment. Multi-family residential unit rebates are also available for central water heating boilers, boiler controllers, and demand control recirculating pumps.

Additional incentives are also offered to projects which qualify as:

  • U.S. Green Building Council (USGBC) Leadership in Energy & Environmental Design (LEED) Designations

  • U.S. Environmental Protection Agency (EPA) WaterSense-Labeled Home

The EENH program has provided more than $3,900,000 in rebates for efficient appliances in new construction since 2018. In 2020, 25 percent of new single-family residential (SFR) homes within SoCalGas’ service territory enrolled in the program and the program is projected to save an estimated 300,000 net therms with over $450 thousand saved in utility bill savings for future homeowners over the next two years. This will reduce emissions by over 1,500 metric tons of carbon dioxide equivalent (CO2e) annually which is equal to removing over 300 vehicles off the road for one year.

“The SoCalGas EENH Program has been an important tool our builders have utilized to reduce energy loads and CO2 emissions in the homes they build,” said Craig Foster, executive vice president at BIASC. “We applaud SoCalGas and …….

Source: https://finance.yahoo.com/news/socalgas-works-homebuilders-increase-energy-210000656.html

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