Homes for sale in Minneapolis will now get energy efficiency 'score' |

Homes for sale in Minneapolis will now get energy efficiency 'score'

Updated: January 15, 2020 10:22 PM

Prospective homebuyers in Minneapolis will now get information on a house's energy efficiency before they decide to buy it.

The city of Minneapolis said it's similar to knowing the miles per gallon of a car. Sellers already have a Truth in Sale of Housing evaluation, and that document will now also include an energy disclosure report showing the home's "energy score." The higher the score, the more efficient and resilient to weather extremes the property is.

"This will help you understand whether your home is expensive to heat, or not," said Kim Havey, Minneapolis Division of sustainability director. "It gives an estimate of your yearly bill savings." 

"We're looking at really trying to address issues of climate change, carbon reduction," said Havey. "We're really trying to help people be able to lower their energy bills, on average, by 30%, reduce their carbon emissions, save money, and be able to make their home more resilient to the wide swing in temperature that we get."

The energy disclosure report aims to help buyers and sellers determine what improvements they can make to lower their energy use and reduce carbon emissions.

Minneapolis City Council approves new rules requiring energy disclosure

The score includes information on four important areas of energy efficiency — wall insulation, attic insulation, heating system and windows — and provides recommendations for improving the areas, the costs and benefits of different choices, and information about resources to help.

For realtors part of the Minneapolis area realtors group, this new metric is something they wholeheartedly support.

"I think we're in the right direction and I think it's more information for the consumers and that's always good," said Linda Rogers, President of Minneapolis Area Realtors. 

The city said homeowners can typically save 30% on their energy use by insulating the attic and walls.

Homeowners and real estate agents can contact an energy advisor free at 651-328-6225 or with questions about the energy disclosure report, recommendations on trusted contractors to complete energy improvements, utility rebates and assistance, and competitive financing such as low-interest or no-interest loans.

For more information on the energy disclosure report, click here.

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