A major market breakthrough took place for high energy performance homes with Bonded Builders Warranty Group launching the Residential Energy Guarantee Program. The program will offer a whole house energy bill guarantee to homebuilders based on the energy projections of a RESNET Home Energy Rating.
The warranty is based on the HERS rating report projections on total energy use. Under the program, Bonded Builders Warranty Group will pay the consumer for the additional annual natural gas and electric costs over the HERS projection. The company is offering guarantee terms of 2, 3 or 5 years.
This will allow builders now to actually guarantee the energy performance of their homes to buyers and increase consumer confidence with the builder and the HERS Index Score.
Steve Baden, RESNET Executive Director commented, “The fact that one of the nation’s largest private warranty corporations in the U.S. is willing to back the HERS with their money adds incredible confidence to builders to use and market their homes’ HERS Index Score. This is another sign of the growing credibility of RESNET in the HERS Index Score in the private sector.”
Bonded Builders Warranty Group is a diversified company with affiliates serving both the building industry and the nation’s homeowners. Founded in Florida in 1989, Bonded Builders companies operate throughout the US, providing a wide range of home warranty products. Bonded Builders Warranty Group offers warranties on new homes including site and systems built homes, manufactured homes and condominiums; remodeling warranties and warranties covering mold and water intrusion.
For more information on the program go to Bonded Builders Warranty Group Residential Energy Guarantee Program.
© 2013 RESNET — Residential Energy Services NetworkShare