EnergyFaire is a simple home assessment software tool for homeowners that streamlines the process of gathering information and applying engineering concepts and calculations to determine the existing energy condition of a house and identifying the appropriate, cost-effective energy savings measures. This software provides the results of the assessment, along with the list of measures, cost and energy savings, and simple payback.
EnergyFaire Pro, is the professional edition of EnergyFaire designed for real estate professionals (realtors, property managers, inspectors, contractors, trades people, appraisers, banking institutions, insurance agents, etc.). Users of EnergyFaire Pro can easily gain an edge in their respective industry by:
Quickly and accurately surveying a building’s energy condition (and therefore value) and its most cost-effective retrofit potential;
Suggesting energy improvements through a compilation of appropriate energy measures;
Documenting the interactive effects of a number of suggested measures, and the projected savings for each;
Comparing monthly payments vs. savings scenarios for a variety of funding vehicles;
Calculating the anticipated increase in the appraised value of the property based on the savings achieved through greening.
Advantages of EnergyFaire
There is currently no unified technical and economic analysis tool for residential buildings, that can provide an unbiased preliminary overview of a house’s overall condition, without the use of an expensive energy audit by a specialized professional (certified energy auditor or building professional). The energy blueprint that results can be used as the master document to carry the project forward through the different stages of:
Determining the project budget
Identifying the appropriate products for the chosen technologies
Requesting a bid and hiring the right contractors
Immediate benefits are seen through reduced homeowner costs, higher comfort levels, and greater home equity. The Environmental Protection Agency has confirmed that more energy efficient housing can result in as much as 6.8% more potential buyers qualifying for mortgages. In addition, the Appraisal Journal recently documented that the value of a home increases $25.00 for every $1.00 decrease in energy costs.