What does it really cost to build a house? Most people think of that cost in terms of the lot
price, the cost of the materials and the builder's fee.
But the cost of building a house doesn't end when you take occupancy. In some ways, it just
begins. One obvious example is the cost of your mortgage. Typically, a mortgage will total two to
three times the initial cost of your house by the time you pay it off.
ENERGY COSTS
As the cost of lighting, heating and cooling a home continues to rise, it makes
sense to look at energy costs over the long terms. Take two identical 2,200 square
foot homes — one stick-built,
the other built using Thermopanel construction. Although the Thermopanel home has a slightly
higher initial cost — what amounts to a $10 increase in the monthly payment — its
energy costs are between $80 to $120 per month less than those of its stick-built
counterpart. Which house is
really the better value?
Thermocore Homes and Tax Credits
Homeowners are eligible for Federal Tax Credits for building energy efficient homes that achieve 50% energy savings over the 2003 International Energy Conservation Code including 2004 supplements. According to the program, at least 1/5 of the energy savings must come from the building envelopes improved level of insulation and air sealing. Building with Thermocore Panels is the ideal option to meet the standard for tax credits. Additionally, homes built with Thermocore walls and roof panels do not require a blower door test to meet the improvement standard. Another reason Thermocore is the smart choice for your new home.
For more information on energy tax credits please visit the following web sites:
http://www.energystar.gov/ia/partners/bldrs_lenders_raters/downloads/SIP_Visual_Inspection_Form_112006.pdf
http://www.irs.gov/pub/irs-pdf/f8909.pdf
http://www.dsireusa.org