Residential Energy Services Network (RESNET)

Residential Energy Services Network (RESNET)

August 22, 2012 11:34 ET

Lexington Homebuilder Association First in U.S. to Officially Commit to RESNET HERS Index

OCEANSIDE, CALIFORNIA--(Marketwire - Aug. 22, 2012) -

Editors note: There is one photo associated with this press release.

The Home Builders Association of Lexington (HBAL) became the first home builders association in the United States to formally enter into an agreement with the Residential Services Energy Network (RESNET) to have their members' homes energy rated on the HERS Index, and to use HERS Index scores as an incentive for homebuyers to purchase energy efficient homes.

The Memorandum of Understanding (MOU) between the two parties, requires all builder members belonging to the Kentucky home builder association to have every new home they construct individually inspected and tested for energy efficiency, using the HERS Index rating system. The resulting HERS Index scores will be used to market the homes to consumers, similar to the miles-per-gallon concept employed by the auto industry.

Seen as a breakthrough development for both the ratings industry and RESNET, the agreement between the HBAL and RESNET will serve as a model for future agreements with other home builder associations, which are interested in helping consumers differentiate energy efficient new homes from existing ones. In addition, RESNET will be co-hosting the 2013 Midwest Residential Energy Conference alongside the HBAL on March 12-13 in Lexington, Kentucky.

Among the points covered in the MOU are:

• RESNET will have the support of the HBAL and its conference supporting allies in endorsing the HERS Index rating system.

• RESNET will gain a regional venue to service builders, raters and other industry professionals in the Midwest who are unable to travel to the national RESNET Conference locations.

• HBAL and the Midwest Residential Energy Conference will have the full endorsement and promotional support of RESNET.

• HBAL (and subsequently the Midwest Residential Energy Conference) will gain a national presence on RESNET's website, with a link to the Midwest Residential Energy Conference and HBAL's websites.

The MOU further calls for RESNET and the HBAL to work together in an educational partnership to promote and assist accessibility to relevant continuing education as required by residential industry building professionals.

About the Home Builders Association of Lexington

The Home Builders Association of Lexington was formed in 1952 and serves the housing and residential construction industry in Lexington, Kentucky and its surrounding counties. It currently has 122 builder members and is affiliated with the Home Builders Association of Kentucky and the National Association of Home Builders. For more information, visit their website at http://www.hbalexington.com/index.php.

About RESNET

The Residential Energy Services Network (RESNET) is the independent, national nonprofit organization that homeowners trust to improve home energy efficiency and realize substantial savings on their utility bills. RESNET's industry-leading standards are recognized by the U.S. Department of Energy and the U.S. Environmental Protection Agency, among others.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20120822-RESNET800.jpg.

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