KB Home Receives Industry-Leading Number of ENERGY STAR® Certified Home Market Leader Awards

Investor Relations

KB Home Receives Industry-Leading Number of ENERGY STAR® Certified Home Market Leader Awards

August 14, 2018 at 8:00 AM EDT

Builder earns prestigious EPA award in every one of its key cities nationwide

LOS ANGELES--(BUSINESS WIRE)--Aug. 14, 2018-- KB Home (NYSE: KBH) is pleased to announce that it has been recognized by the U.S. Environmental Protection Agency (EPA) with 2018 ENERGY STAR Certified Homes Market Leader Awards in each of its primary markets nationwide. The 20 awards that KB Home earned are more than any other homebuilder, underscoring its leadership in building its homes to ENERGY STAR energy efficiency standards.

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KB Home awarded industry-leading number of ENERGY STAR® Certified Home Market Leader Awards. (Graphi ...

KB Home awarded industry-leading number of ENERGY STAR® Certified Home Market Leader Awards. (Graphic: Business Wire)

KB Home built its first ENERGY STAR new home in 2000. The 115,000+ ENERGY STAR homes KB Home has built since that time have collectively saved its homeowners an estimated $658 million in utility bills and reduced CO2 emissions by an estimated 4 billion pounds, which is equivalent to removing 382,000 cars from the road.

“ENERGY STAR is the foundation on which we have built our industry-leading sustainability program over nearly two decades,” said Jeffrey Mezger, chairman, president and chief executive officer of KB Home. “We are honored to be recognized once again by EPA for our commitment to delivering this superior level of energy performance to our homeowners across the country, which helps them to both save money on utility bills and protect important natural resources.”

While consumers may assume that energy efficiency is a given when buying a new home, EPA estimates that only 10% of new homes in the U.S. in 2016 and 2017 met ENERGY STAR certification standards. To earn the ENERGY STAR label, a home must meet rigorous requirements for energy efficiency set by EPA and undergo third-party testing and verification. The KB homes built to ENERGY STAR standards are, on average, up to 73% more efficient than typical existing homes today, offering significant potential utility savings to KB homeowners.

In recognition of its longstanding partnership with ENERGY STAR and sustainability leadership in the homebuilding industry, KB Home has also been recognized by EPA with its highest major national awards, including the ENERGY STAR Partner of the Year – Sustained Excellence Award in 2018, for the seventh year in a row.

Additional information about KB Home’s eDifference sustainability platform, which encompasses energy- and water-efficient building practices, indoor air quality, and smart home technology, can be found at https://www.kbhome.com/sustainability/.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United States, with more than 600,000 homes delivered since our founding in 1957. We operate in 35 markets in seven states, primarily serving first-time and first move-up homebuyers, as well as active adults. We are differentiated in offering customers the ability to personalize what they value most in their home, from choosing their lot, floor plan, and exterior, to selecting design and décor choices in our KB Home Studios. In addition, our industry leadership in sustainability helps to lower the cost of homeownership for our buyers compared to a typical resale home. We take a broad approach to sustainability, encompassing energy efficiency, water conservation, healthier indoor environments, smart home capabilities and waste reduction. KB Home is the first national builder to have earned awards under all of the U.S. EPA’s homebuilder programs — ENERGY STAR®, WaterSense® and Indoor airPLUS®. We invite you to learn more about KB Home by visiting www.kbhome.com, calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome or Twitter.com/KBHome.

About ENERGY STAR

ENERGY STAR® is the simple choice for energy efficiency. For 26 years, people across America have looked to EPA’s ENERGY STAR program for guidance on saving energy, saving money, and protecting the environment. Behind each blue label is a product, building, or home that is independently certified to use less energy and cause less air pollution. Join the millions already making a difference at energystar.gov.

Source: KB Home

KB Home
Susan Martin
310-231-4142
smartin@kbhome.com