Welcome to TrueCost
Create Profile Login
TrueCost Electric Portal

How energy efficient are new homes?
Usage per square foot falls dramatically

Posted by Shane McLaughlin on 09/03/2013 at 3:53 PM

I've been doing a few posts about my usage data, and decided to take a look at the bigger picture for this week's usage blog. I bought a house last summer that was 25 years newer than my previous home, but also about 30% larger. This begged the question for me: how much more efficient are homes being built today compared to older homes? 

To find the answer, I grouped homes by decade built. To account for the fact that homes are getting bigger, I'm looking at usage per square foot. Here's a quick snapshot of that "bigger homes" trend. This may not represent Houston real estate as a whole because it's only TrueCost customers who volunteered their home information and use our meter data import feature.

home size by decade

On this next chart, you can see the usage per square foot is much lower for newer homes. This is data from August 30, 2013:

August 30 2013 usage
 
While air conditioner efficiency is a big portion of it (see the gap between the decades get wider during the summer), homes from the 2000s use less electricity per square foot all year long, especially the ones built this decade. Here's how that relationship has looked during all of 2013:

usage per sqft by decade through 2013

Since TrueCost is all about taking abstract data about kWh (.01 kWh/sqft/day in efficiency gains doesn't sound like much) and converting into dollars to help you make informed decisions, here you go: per square foot, new homes are using about 35% less electricity than homes built before 2000. For a typical 2,500 square foot home, at current prices (I used 9 cents/kWh for the calculation), that's 775 kWh avoided, which saves $70 off of an August electric bill.

If you're wondering about the big drop in usage during the week of July 14, that's not an error.  See the explanation here.

News & Insights

Moving to an apartment complex?
You have electric choices!

Analyzing your home or apartment's usage
myTrueCost.com offers daily or weekly reports

What happens when an electric company goes out of business?
Rates could increase under the "Provider of Last Resort"

TrueCost variable rate tracker
Keep an eye on high prices

Electric company reviews you can use
The steps we take to help ensure reviews on TrueCost are trustworthy and valuable

Veteran Energy gives back to those who serve
A Texas company that does so much to give back to the U.S. military community

Switching is up in 2014
23 percent higher than 2013 so far

What it takes to start selling electricity
Wondering if just anyone can start a company selling electricity? The answer is no.

Saving money with light bulbs
Instant gratification via smart meter

What happens when your plan expires?
Your electric rate could go up by 65%!


Electric Price Trends

Track the latest price trends and market conditions.

Learn More

Current Poll