EPA Recognizes KB Home with 2012 ENERGY STAR Sustained Excellence Award
KB Home earns award for protecting the environment through energy
efficiency
LOS ANGELES--(BUSINESS WIRE)--
The U.S. Environmental Protection Agency (EPA) has awarded KB Home
(NYSE:KBH) a 2012 ENERGY STAR® Sustained Excellence Award in
recognition of its continued leadership in protecting our environment
through energy efficiency. KB Home's accomplishments will be recognized
at an awards ceremony in Washington, D.C. on March 15, 2012, which marks
the 20th anniversary of ENERGY STAR.
KB Home, an industry leader and ENERGY STAR partner since 2000, will be
honored for its long-term commitment to energy efficiency. To date, the
national homebuilder has completed more than 68,000 ENERGY STAR
qualified new homes, and since 2009 it has built 100% of its new homes
to the program guidelines. The U.S. EPA estimates that, in one year,
families living in those over 68,000 ENERGY STAR homes will save more
than $33 million on their utility bills while preventing greenhouse gas
emissions equivalent to those from 33,000 vehicles.
In 2011, KB Home introduced its proprietary Energy Performance Guide®
(EPG®) in order to show homebuyers the energy efficiency advantages of
purchasing a new KB home. The EPG provides an estimate of monthly energy
costs for every new KB home as designed, as well as the estimated
monthly savings when compared to a typical resale home.
"Building homes to such a high level of energy efficiency delivers
remarkable value to our homebuyers and can help lower their total cost
of homeownership substantially compared to a typical resale home," said
Jeffrey Mezger, president and chief executive officer of KB Home. "KB
Home is honored to once again be recognized by the U.S. EPA for our
achievements in the vitally important area of energy efficiency."
Across the U.S., top companies and organizations are leading the way
toward a more energy-efficient future through participation in ENERGY
STAR.
Over the past 20 years, American families and businesses have saved
nearly $230 billion on utility bills and prevented greenhouse gas
emissions equal to those from more than 350 million vehicles with help
from ENERGY STAR.
The 2012 Sustained Excellence Awards are given to a select group of
organizations that have exhibited outstanding leadership year after
year. These winners have reduced greenhouse gas emissions by setting and
achieving aggressive goals, employing innovative approaches, and showing
others what can be achieved through energy efficiency. These awards
recognize ongoing leadership across the ENERGY STAR program including
energy-efficient products, services, new homes and buildings in the
commercial, industrial and public sectors. Award winners are selected
from about 20,000 organizations that participate in the ENERGY STAR
program.
"As we celebrate the 20th anniversary of the ENERGY STAR
program, EPA is proud to recognize KB Home with the 2012 ENERGY STAR
Sustained Excellence Award," said EPA Administrator Lisa P. Jackson. "KB
Home and all our ENERGY STAR award winners are helping Americans find
cost-effective ways to save energy in everything we do, which is good
for our climate, our health, and our future."
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. Now celebrating its 20th
anniversary, ENERGY STAR offers businesses and consumers
energy-efficient solutions to save energy, money and help protect the
environment for future generations. About 20,000 organizations are
ENERGY STAR 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
News Provided by Acquire Media
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