Energy Circle recently published their “Home Performance Industry in 2016: Predictions from the Experts,” and we took note of two things.

Screen Shot 2016-01-25 at 3.09.53 PMFirst, they led with “The Rise of Efficiency in the Real Estate Market.” That’s the core of what Pearl does – integrating a home’s energy efficiency features into the real estate transaction – and we were pleased to see so many industry leaders predicting that this connection would become more prominent in 2016.

Here’s some of what they had to say:

“…The biggest threat we face is something that easily becomes the opportunity. The lending world and many in the real estate world still have a limited knowledge of the new building science and what it means to dollars-per-month savings, comfort, and a better way to live. If everyone in the building, energy rating, and green industry could educate one real estate agent, appraiser, or lender, this threat would be greatly decreased. Now, let us all become part of the solution!”

– Sandra K. Adomatis, SRA, LEED Green Associate | Adomatis Appraisal Service, Punta Gorda, FL

“Real Estate Integrates Energy: I expect we’ll see some major developments to how the real estate industry recognizes and values energy, making the value more visible for home buyers and sellers. That’s the big one.”

– Jacob Corvidae, Manager of the Residential Energy+ program | Rocky Mountain Institute, Boulder, CO

Screen Shot 2016-01-25 at 3.09.45 PM“2016 will see the long-anticipated marriage of real estate and energy efficiency. In our new and existing homes, it’s important to make energy efficient features visible for an entire chain of stakeholders during the real estate transaction so that energy efficient features become visible and can be accurately valued when a home is sold…” – Pamela Brookstein, Market Transformation Specialist | Elevate Energy, Chicago, IL

Second, Pearl’s President and COO Robin LeBaron was one of the experts the Energy Circle consulted. Here’s what he had to say about the home performance industry in the year ahead:

“Utility resource battles: The utility of the future is arriving, and we’re not prepared. The Clean Power Plan and steadily falling prices of renewables are reshaping traditional utility economics. Are we, as an industry, ready to demonstrate our value through more accurate and less expensive quantification of savings, and by creating more compelling consumer value propositions? If not, utilities may start viewing renewables as more attractive than efficiency, or begin a new lurch towards the nuclear option. So, again, to both predict and cajole: 2016 should/will be the year we develop a coherent, industry-wide strategy for ensuring that energy efficiency is utilities’ first choice for meeting their customers’ energy needs, and fulfilling CPP and other mandates. It’s not going to happen automatically.”

– Robin LeBaron, President and COO | PEARL Home Certification, McLean, VA

Other trends and predictions from Energy Circle:

  • More Demand for Net Zero Homes, Retrofits & Other High-Efficiency Products
  • Efficiency Programs 2.0
  • The Continued Rise of the Interconnected Home
  • Home Performance Expertise Will Be Increasingly Valued & Necessary
  • Non-Energy Benefits (NEBs) Will Become Increasingly Recognized
  • More Demand for Net Zero Homes, Retrofits & Other High-Efficiency Products

Be sure to check out the full Energy Circle post.