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Share Name | Share Symbol | Market | Type |
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KB Home | NYSE:KBH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-0.225 | -0.28% | 79.815 | 80.685 | 79.20 | 79.68 | 151,431 | 16:37:12 |
EPA’s recognition further affirms KB Home as the #1 energy-efficient national homebuilder, with a leadership position in 30 major housing markets
KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced that it has received a record 30 Environmental Protection Agency (EPA) ENERGY STAR® Market Leader Awards in 2024, more than any other homebuilder. The recognition highlights the company’s long-standing commitment to building ENERGY STAR certified homes and further demonstrates its leadership position as the #1 energy-efficient national homebuilder.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240729286021/en/
KB Home sets a new industry record by earning an unprecedented 30 EPA ENERGY STAR Market Leader Awards in 2024, more than any other homebuilder. (Graphic: Business Wire)
As the leader in energy-efficient homebuilding, KB Home was the first national homebuilder to make a broad commitment to building ENERGY STAR certified homes, a standard that fewer than 10% of new homes nationwide meet, and KB Home has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership through monthly utility bill savings and is designed to deliver greater comfort and well-being than new homes without certification.
The Market Leader Award recognizes partners participating in EPA’s ENERGY STAR Residential New Construction program who have made a significant positive impact in energy-efficient construction and environmental protection by building ENERGY STAR certified homes and apartments. ENERGY STAR certified homes meet strict requirements set by the EPA, resulting in a home that is at least 10 percent more efficient than homes built to code.
“We are proud to once again lead the homebuilding industry by setting a new record with 30 EPA ENERGY STAR Market Leader Awards, more than any other homebuilder. This recognition further demonstrates our position as the most energy-efficient national homebuilder,” said Jeffrey Mezger, Chairman and Chief Executive Officer of KB Home. “We believe that an ENERGY STAR certified KB home is a better home, one that is more efficient and affordable to operate, and delivers on the enduring promise of the American Dream.”
“We congratulate our 2024 Market Leader Award winners for their continued leadership in bringing energy efficiency to the forefront of the residential new construction sector,” said Jonathan Passe, Manager of EPA’s ENERGY STAR Residential Branch. “These partners have truly made a significant positive impact in energy-efficient construction and environmental protection over the past year.”
To date, KB Home has built over 196,000 ENERGY STAR certified homes, more than any other homebuilder in the nation. These high-performance, energy-saving homes are estimated to have cumulatively reduced utility bills for their homeowners by $1.3 billion and the generation of CO2 emissions by 7.6 billion pounds, the equivalent of removing over 817,000 gasoline-powered passenger vehicles from the road for one year.
The company has distinguished itself as the only national builder to have earned awards under all of EPA’s homebuilder programs, including ENERGY STAR, which establishes energy-efficiency standards, WaterSense®, which outlines water-efficiency standards, and Indoor airPLUS, which focuses on indoor air quality. Additionally, KB Home’s sustainability leadership was recognized by Newsweek® for the fourth year in a row on its prestigious 2024 America's Most Responsible Companies list and USA Today for a second consecutive year on its 2024 America’s Climate Leaders list.
For more information on KB Home’s sustainability initiatives, visit kbhome.com/sustainability.
For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 47 markets, have built over 680,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
About ENERGY STAR
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations rely on their partnership with EPA to deliver cost-saving energy-efficiency solutions. Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $500 billion in energy costs and achieve more than 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR can be found at energystar.gov/about.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240729286021/en/
Craig LeMessurier, KB Home 925-580-1583 clemessurier@kbhome.com
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