Publicly-traded homebuilder KB Home (NYSE: KBH) announced a new initiative to provide solar power systems for new homes as a standard feature in 10 Southern California developments.
While KB Home has provided solar power systems as an option for its
homebuyers in select communities in California and Colorado for a number
of years, this is the first time it will build entire neighborhoods
featuring solar power systems for every home.
SunPower Corp.
(Nasdaq: SPWRA) will
provide the solar technology. When combined with the additional
energy-conserving features KB Home says these solar developments will offer
some of the most efficient new homes available on the market today.
The solar power systems could also help qualify
homeowners for a federal tax credit.
KB Home has already begun offering the solar power systems at its Newbury at the Enclave neighborhood in Eastvale, Manzanita at Paseo del Sol neighborhood in Temecula and Monterey at Otay Ranch neighborhood in Chula Vista. Five additional Southern California neighborhoods featuring solar power will open over the next sixty days, and two more are expected to open in the fall of 2011.
To better illustrate the advantages of owning a new energy-efficient KB home, last month the company announced it is now including the KB Home Energy Performance GuideTM (EPG) in all of its new homes. Similar to an MPG sticker on cars, the KB Home EPG provides KB homebuyers with estimated monthly electric and gas costs for their new KB home as designed, as well as valuable information on the home’s relative energy efficiency when compared to a typical new home or resale home.
KB Home recently ranked at the top of a list of pubicly traded home builders that are making progress on sustainability–though it should be noted that Calvert Investments, which released the rankings, said the entire industry is woefully behind the curve. KB Home’s commitment to meeting Energy Star requirements helped it gain the top position.
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It is about time!!!! Thanks for leading the way. Next is a single system for the entire development.
KB Home Sucks, just Google it. You have no clue and don’t own a KB Home. The media don’t have a clue either. My energy/green (NOT) efficient KB Home uses over 900% more energy than other builders, why? the non documented workers KB Home uses to install systems never have before. Wrong transformers, installed in the wrong place, causing first degree burns. The computer that controls the HVAC systems blow out due to voltage surges. The dampers to control the air flow were never hooked up to power? All the solar panels in the world can’t keep up with KB Home and the hiring pool who does not have a clue of what they are doing. Just Google KB Home Sucks to see the horror stories of owning a KB Home. So many construction defects KB Home can’t fix them, after awhile KB Home ignores you and gives up, your still stuck with their Lemon. Mezger their CEO is lazy and couldn’t care less about their reputation. They are still under a FTC Consent order for over 30 years for shoddy construction and fake advertising. Hear my warning, do your homework before you sign any contract to any new homebuilder-lies and non disclosure, anything to sell you, then your stuck in a 30 year mortgage with no RIGHTS.
KB Home can’t even properly repair a home they built so I wouldn’t trust them to offer expensive extras to be added into the cost of the home or for home buyers to be charged extra for. This is just something else that could go wrong and given our experience with KB Home, this is just another thing for potential homebuyers to get screwed on because it isn’t done correctly, they cheap out on the quality or they won’t stand behind it if it fails. Here’s more information on our experience with KB Home . . . http://www.kbhomeproblems.com