KB Home (NYSE:KBH) is pleased to announce that it has been named an ENERGY STAR Partner of the Year “ Sustained Excellence Award Winner for the ninth consecutive year, an unprecedented achievement for a national homebuilder. KB Home, an ENERGY STAR partner since 2000, earned the honor by demonstrating continued superior leadership in energy-efficient home building and will be recognized today by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy in Washington, D.C.
To date, KB Home has built more than 128,000 ENERGY STAR homes, which has resulted in cumulative savings on utility bills for KB homeowners totaling more than $730 million. The energy-efficient features of these homes have also prevented greenhouse gas emissions equivalent to the amount emitted by 420,000 passenger vehicles. ENERGY STAR homes must meet EPAs rigorous requirements for energy efficiency and undergo third-party testing and verification.
ENERGY STAR drives innovative, market-wide energy-saving practices and technological advances that contribute to a stronger economy while protecting the environment through broad emissions reduction, said EPA Assistant Administrator for Air and Radiation Bill Wehrum. I applaud the 2019 ENERGY STAR Award Winners.
KB Home takes a broad approach to sustainability, encompassing energy efficiency, water conservation, healthier indoor environments, smart home capabilities and waste reduction. KB Home is the only national builder to have earned awards under all of EPA programs aimed at homebuildersENERGY STAR, WaterSense, which establishes water efficiency standards, and Indoor airPLUS, which focuses on indoor air quality. KB Home continuously explores new ways to increase the efficiency of its homes and expand its impact in the area of sustainability within the home building industry and beyond.
KB Home has consistently focused its attention on implementing dynamic and innovative solutions to address affordability and environmental sustainability challenges in the home building industry, said Jeffrey Mezger, KB Home chairman, president, and chief executive officer. For nearly two decades, our participation in the ENERGY STAR program has helped to meaningfully reduce long-term operating and maintenance costs for our KB homeowners while also benefitting the environment. We are very pleased to again be recognized by EPA for our achievements, and we look forward to building on our success and further advancing our sustainability initiatives.
For more information on KB Homes sustainability initiatives, visit https://www.kbhome.com/energy-efficient-homes or access KB Homes annual Sustainability Report 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 38 markets in eight states, primarily serving first-time and first move-up homebuyers, as well as second move-up and 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 dcor 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. EPAs 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.
Craig LeMessurier, KB Home