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Thanks for sharing this
Thanks for sharing this valuable information with us.
Thanks,
Income protection insurance
It doesn't have to be Zero to be Sustainably Affordable!
Zero CIVIL engineering techniques make it possible to build every home in a development to Zero standards. To my knowledge however there are no residential production builders who have that engineering application in house.
The most efficient way to heat water and cook is with natural gas! That having been said, an 80% reduction can easily be reached for natural gas as well as 80% of the property's total demand for water. Add the two 80s to 100 (Zero electric) and divide by 3 (the # of utilities) and the result is an annual reduction in operating (utility) costs of 86.66%.
The remaining 13.33% keeps the home from being truly Zero, but when the home owner reinvests the utility savings (86.66%) directly into the mortgage, then the tax break for mortgage interest (33% return from 100% of first year payments) increases the value to 112.66% of Zero. Economically 12.66% better than Zero not counting 1st year rebates and tax credits.
The interest a home owner can write off decreases annually, but utility cost inflate and actually more than offset the write off decrease. This creates greater tax free savings as the final mortgage payment approaches.
Examples showing the inflation offset affect:
1st Year Mortgage payments = 12 - 4 (33% return from interest) = 8 payments, 8 - 2 (113% annual savings) = 6 payments!
30th Year Mortgage payments = 12 - 0 (no more interest) = 12 payments, 12 - 6 (340% annual savings) = 6 payments!
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