Yea!!!!! Gas prices are coming down.
Can you believe it? Oil under $60/bbl! However, for every yin, there's a yang. The downside to lower energy prices is that alternative energy systems are becoming relatively more expensive as an option. Their payback on investment is being stretched out in time. It takes a longer period of time to recoup such an investment. And as a result, projects and equipement purchases are being reevaluated and/or postponed.
I think it is short-sighted to make these kinds of decisions based on short-term market conditions. Historically, except for the Great Depression, prices have remained stable or increased in any 10 year period. Same for real estate and stocks. However, in a market driven economy, that's the price we pay.
When it comes to building "Green" homes, clients are sticking to their guns. They are considering more than the immediate bottom line in their home choices. They are including long-term ownership costs of operating and maintenance, safety, environmental impact and even marketability of the home for later resale.
If you had a choice between two homes in todays market that were similar in features and one had obvious "green" features but at a higher price of $15-30K more, would you buy it? Are you influenced by short-term financial concerns or long term overall performance return of the home?
For all your "Green" new home construction information, resources and expertise in Texas, go to www.preferredbuilders.org/home
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