Now that the new energy inspection tool is up and live, I have some interesting new stats. We took anonymous report data and pulled out some averages:
The average home that’s analyzed by our tool costs an estimated $2,380 to operate per year. That’s in line with 3rd-party data (the DOE says it costs around $2000/year to operate a home). What this means is that our tool is quite accurate at estimating energy costs.
The average savings from our upgrade recommendations is $1,092 per year (meaning that the average home, after upgrades, would cost $1,288 per year to operate). That is the savings your client can realize by making the recommended upgrades in his or her energy report. That’s a HUGE selling point!
On average, the total cost of all recommended upgrades is about $9,000, which means that it would take about 8 years to cover the cost of EVERY upgrade. That’s because we make our recommendations on a 10 year basis (if an upgrade would take more than 10 years to cover its cost, we don’t suggest it).
That said, a lot of our recommendations have a much quicker return on investment (ROI), so your clients wouldn’t have to spend $9,000 to see any results. For example, the average cost of upgrades with a 2 year ROI is about $1000, and the average savings from those upgrades is about $600. That’s another amazing stat!
I’ll post more information when we have it, but this is really promising stuff! That’s one heck of a sales pitch: “On average, my clients can save over $1000 per year based on recommendations from this report.” What person wouldn’t spend another $50-100 (or more!) for that service?