green building

Green Homes to Grow 5-Fold by 2016

With the construction industry still recovering in the U.S., companies offering “green” services may be able to set themselves apart and grow business faster, according to a survey conducted by McGraw-Hill Construction.

In 2011, green builds in the residential sector made up 17% of construction, totaling $17 billion in economic activity. And the value of the residential green building market is expected to grow five-fold by 2016, taking up to 38% of the market and representing $87 billion – $114 billion.

ENERGY STAR Homes Consume 20-30% Less Energy than a Standard Home

These days, the whole world is gearing up to go green in order to save the earth. Even, the home builders are coming up with new home designs that are more energy efficient than the traditional homes. The new Energy Star homes are designed in such a way that the energy consumption per house will be 20-30% lesser than a regular home. An Energy Star home also meets certain guidelines for energy effectiveness standard, set by the officials of U.S. Environmental Protection Agency.