Featured News

Clean Energy Likely to Become More Popular in the Future

A new survey has found US homeowners view green energy as being a popular resource for the future, regardless of age or political views.

The survey was carried out by a solar installer and a marketing research firm and polled 1,400 homeowners about renewable energy and related topics. Half of those who took part in the survey thought solar energy was the most important energy source for the future of the US, regardless of where they lived. Wind energy was second with 42% of all homeowners. This was followed by natural gas at 33%, energy efficiency at 25%, oil and hydro both at 17% and nuclear power at 14%. The least popular energy sources were biofuel at 7%, coal at 8% and geothermal at 10%.

Although solar energy was the most popular, nuclear power and natural gas gained more support amongst older respondents. While 43% of those aged over 70 favored natural gas just 27% of those aged between 18 and 24 agreed with this view. Just 1% of those aged between 18 and 24 were in favor of nuclear power compared to 24% of those aged over 70.

The majority of people were motivated to think about green energy because it would save money rather than reduce their environmental footprint. While 87% of those surveyed thought that renewable energy was important to the country’s energy future, 82% thought saving money was the most important factor when deciding to buy clean energy. The percentage looking to reduce their environmental footprint was just 34%.

When people were asked which energy upgrades they had planned in the coming year, LED light bulbs with the most popular at 27% and 12% were planning to install an air source heat pump. Only a very few people were prepared to spend substantial sums of money on photovoltaic panels at 6% and electric vehicles at 4%. The popularity of electric and hybrid vehicles declined compared to last year but this does coincide with the dramatic fall in oil prices. In comparison the popularity for other clean energy sources including solar power was relatively unchanged.

Other findings outlined in the article by greenbuildingadvisor.com found that although saving money was a huge motivation for people, 65% of those surveyed said they did think about or investigate the environmental impact of their buying decisions at least some of the time and three quarters were looking into ways to reduce greenhouse gas emissions.

The number of buildings being constructed that have won LEED certification reached 5,800 in 2013 which means there has been a compounded annual growth rate of 56% over the past 11 years. In the same year there were 77,000 Energy Star homes built equating to a market share of 13%.

Allison Halliday

Allison Halliday is a Realty Biz News contributing writer. She handles International Real Estate and is a seasoned blogger.

Share
Published by
Allison Halliday
Tags: green buildinggreen constructiongreen homeheat pumpsLEED certificationsolar energysolar photovoltaic energy

Recent Posts

Top Five AI Programs to Create Content for Real Estate Websites 

By utilizing these AI programs, real estate agents can save time, improve productivity, and ultimately…

7 hours ago

Cecilian Partners Successfully Raises $11 Million in Series A Funding Round

Cecilian Partners' groundbreaking Series A funding of $11M positions them as a major player in…

10 hours ago

How Does Agency in Real Estate Work: A Comprehensive Guide

Real estate transactions involve complex legal and financial processes that require the involvement of professionals…

10 hours ago

How Efficient Are Home Solar Panels: A Comprehensive Analysis

In recent years, the global energy landscape has been shifting towards sustainability and renewable sources.…

13 hours ago

Stratton Equities: Leading the Way in NON-QM Mortgages

Stratton Equities invites individuals and investors to explore the world of NON-QM mortgage loans and…

1 day ago

Maximizing Efficiency: How Apps Improve Time Management for Real Estate Professionals

In the bustling world of real estate, time is your most valuable asset. Balancing property…

1 day ago