Portland Becomes Second City To Adopt Mandatory Home Energy Score

by | Jan 4, 2018 | Articles, PDX News, Selling Your Home

What Does it Mean for You?

The Home Energy Score helps consumers know what to expect from their utility bills when buying or renting a home. Similar to a car’s miles-per-gallon rating, the home energy score provides homeowners with valuable information about their home’s energy performance, while also recommending improvement projects that can save energy and lower utility bills. What does this mean for you as a buyer? Or you as seller? 

According to energy.gov, “a Home Energy Score allows prospective home buyers to better understand the true cost of owning a particular home, allowing them to compare the expected energy costs of different homes and affording them a measure of protection when making one of the biggest financial investments of their life.” 

As for sellers, “Portland’s Home Energy Score policy requires all sellers to obtain a home energy performance report—which includes a Home Energy Score—prior to listing. Sellers must include the Score and the accompanying report in any real estate listings, and must also provide a copy of the home energy performance report to prospective buyers who visit the home while it is on the market.” 

These home energy reports can cost anywhere from $99-$200 and must be completed before your house can go on the market. If you have questions about the process we are happy to guide you through and be your resource for all things real estate.  

0 Comments

Learning Center:

Advice, Opinions, and Market Reports about the Oregon and Washington Real Estate Market

Portland Luxury Condo Market Analysis

  2020 was a rough year with the pandemic, social unrest, and the closure of many restaurants and retail businesses. Nowhere was the impact more acute than in downtown urban areas across the country. Read the full  luxury condo report here to view the pre and post...

How To Buy & Sell at the Same Time

  How to buy a home when you already own a home: Have you been dreaming of your next home, but you’re not sure what to do with your current home? You’ve heard that it’s a sellers market, but what does that mean if you also need to buy?  There are three options to...

How To Retire for Real Estate Agents

Our CEO and Best Selling Author of The Golden Handoff, Nick Krautter, talks with Justin Stoddart on the Think Bigger Real Estate Show to review his revolutionary model that helps real estate agents grow their business while simultaneously helping other agents rapidly...

Start Your Search Today

For a Confidential Meeting contact:

Nick Krautter, CCIM

Principal Broker in Oregon/President

Managing Broker in Washington