In January 2024, RESNET® announced that it reached four million HERS® Rated Homes. This new milestone comes just three years after the last achievement of three million homes. The four millionth home is an apartment unit in a low-rise multifamily building in Missouri. The home was rated by Erik Henson of Midwest Energy Consultants and built by Cardinal Crest. Since RESNET began tracking HERS-rated homes in its National Building Registry in 2013, low-rise multifamily dwelling units have been a fairly small percentage of all HERS Ratings. In 2013, this category made up just 12 percent of all HERS Ratings. Ten years later, multifamily units make up about 22 percent of annual ratings. RESNET anticipates even more growth in this segment as multifamily developers seek the 45L energy-efficient new home tax credits of up to $5,000 per unit. The four millionth home is part of the Parkside Apartments development in Gladstone, MO. The 1,077-square-foot apartment scored an impressive HERS Index score of 50, while also being certified under the U.S. Environmental Protection Agency’s ENERGY STAR and Indoor AirPlus programs and the U.S. Department of Energy’s Zero Energy Ready Program (RESNET is an HCO for both ENERGY STAR and Zero Energy Ready). The tenants can expect to save over $400 per year on their utility expenses while the developer could be eligible for up to $5,000 in tax credits. This is a win-win situation where the developer can recoup some of the cost of building a high-performing home and the tenants can save on their monthly utility bills. As RESNET continues to celebrate the 4 million homes milestone in 2024, we tip our hats to our dedicated network of Rating Providers, HERS Raters, Rating Field Inspectors, and builders who made this impressive achievement possible. For more information on the 45L tax credits, visit https://www.resnet.us/about/45l-tax-credit-for-energy-efficient-homes-extended-and-improved/
