May 9, 2012

KB Home is Recognized with Fourteen 2012 ENERGY STAR® Leadership in Housing Awards

KB Home earns awards in all of its markets nationwide for building new homes that protect the environment through energy efficiency

LOS ANGELES--(BUSINESS WIRE)-- KB Home is pleased to announce that it has been recognized by the U.S. Environmental Protection Agency (EPA) with a company-record fourteen 2012 ENERGY STAR Leadership in Housing Awards. The awards recognize the important contribution KB Home has made to energy-efficient construction and environmental protection by building ENERGY STAR qualified homes in all of its 32 major markets nationwide. KB Home has built more than 68,000 ENERGY STAR homes since joining the program in 2000. It has also committed to continuing its participation in the program by following the new ENERGY STAR Version 3 guidelines for all homes built in 2012.

"Our companywide dedication to the ENERGY STAR program, and most recently, the updated Version 3 standards, is a testament to our belief that an energy-efficient home has benefits for both our customers and the environment," said Jeffrey Mezger, president and chief executive officer of KB Home. "I am proud to say that each and every one of our operating divisions has been recognized with a 2012 ENERGY STAR Leadership in Housing Award."

KB Home currently builds ENERGY STAR qualified homes in all of its 32 major markets and received the awards for the homes it built last year in Southern California, Northern California, Las Vegas, Arizona, New Mexico, Colorado, Central Texas, Houston, Dallas/Fort Worth, Central Florida, Jacksonville, North Carolina, South Carolina and the Washington D.C. area. According to EPA estimates, the 5,677 ENERGY STAR qualified homes KB Home built in 2011 could help those homeowners save over $2.5 million dollars on utility bills each year, while avoiding greenhouse gas emissions equivalent to those from nearly 2,800 vehicles.

To earn the ENERGY STAR, a home must meet strict guidelines for energy efficiency set by the U.S. Environmental Protection Agency. These homes are at least 20% more efficient than standard new homes built today.

"ENERGY STAR builder partners offer new homes that are designed and built to standards well above most others on the market today" said Jonathan Passe, Director of EPA's ENERGY STAR Residential Branch. "Because ENERGY STAR certified homes undergo rigorous independent inspections and testing, homebuyers who choose ENERGY STAR can be confident that their new home will offer real energy efficiency, comfort, durability, and value for years to come."

Last year alone, with the help of ENERGY STAR and partners, Americans saved nearly $400 million on their utility bills and avoided greenhouse gas emissions equivalent to those of more than 510,000 vehicles. More than 1.3 million ENERGY STAR homes have been built in the United States since the program first began labeling homes in 1995.

About KB Home

KB Home is one of the largest and most recognized homebuilding companies in the United States. Since its founding in 1957, the company has built more than half a million quality homes. KB Home's signature Built to Order™ approach lets each buyer customize their new home from lot location to floor plan and design features. In addition to meeting strict ENERGY STAR® guidelines, all KB homes are highly energy efficient to help lower monthly utility costs for homeowners, which the company demonstrates with its proprietary KB Home Energy Performance Guide® (EPG®). A leader in utilizing state-of-the-art sustainable building practices, KB Home was named the #1 Green Homebuilder in a 2010 study by Calvert Investments and the #1 Homebuilder on FORTUNE magazine's 2011 World's Most Admired Companies list. Los Angeles-based KB Home was the first homebuilder listed on the New York Stock Exchange, and trades under the ticker symbol "KBH." For more information about KB Home's new home communities, call 888-KB-HOMES or visit www.kbhome.com.

About ENERGY STAR

ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 127,000 new homes were constructed to meet ENERGY STAR guidelines in 2011, by partners committed to improving the energy efficiency of products, homes, buildings and businesses. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).

KB Home
Martha Finkley, 310-231-4130
mafinkley@kbhome.com

Source: KB Home

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