Energy-efficient properties
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An energy-efficient property
uses cost-effective design, construction, materials, equipment
and site orientation to conserve energy, consistent with
the climate of the area in which the property is located.
Items that contribute to the energy efficiency of a property
include, but are not limited to, the following:
- Insulation with adequate R-values installed in ceilings,
exterior walls and roofs; around hot water heaters; under
floors that cover unheated areas; and surrounding ducts
and pipes that are not air-conditioned
- Caulking and weather stripping
- Double- or triple-paned windows
- Window shading or landscaping for solar control
- Storm doors and windows
- Automatic setback thermostats
- Heating, cooling and lighting systems and appliances
designed to be energy-efficient
- Solar systems for water heating, space heating and
cooling
- Wood-fired heating systems (using outside combustion
air)
- Building designs that minimize energy use, such as
reduced window areas and earth sheltering
The appraisal report must list the energy-efficient items
in the subject property and note their contribution to the
value for the Mortgage to receive the special underwriting
consideration allowed under Section 37.7. (See Section 44.7(a)
for addendum requirements.) |