'Green' regs would add $14,000 to cost of new homes: Energy Dept.
Updated green codes would add $14,000 to the cost of new homes, Energy Department officials said Friday, adding a significant burden to the already sky-high cost of housing.
A new analysis released by the DOE found that the adoption of the 2024 International Energy Conservation Code would increase residential construction costs by more than $9.2 billion annually compared to the 2006 code levels.
“American families should not be forced to pay more for a home because of nonsensical energy-related mandates,” Energy Secretary Chris Wright said in a press release.
“For too long, climate activists have pushed regulations that increase housing costs, reduce consumer choice, and make it harder for Americans to build and own a home,” Wright continued. “Thankfully, President Trump will continue fighting for the American people so they can enjoy affordable energy access and the ability to buy the home they desire with the features they choose.”
The IECC is a model building code that establishes requirements for energy efficiency in residential and commercial buildings. It is developed and updated by the International Code Council, a nonprofit organization in Washington. It sets standards for new construction, including for walls, lighting, windows, doors, ducts, and air conditioning.
Tagged: Economy BACK TO HOMEPAGE