KB Home Marks Significant Milestone of Over 11,000 Solar-Powered Homes Delivered
November 18 2020 - 8:00AM
Business Wire
KB Home (NYSE: KBH) today announced a significant milestone:
delivering over 11,000 solar-powered homes. KB Home has been a
pioneer in solar homebuilding and was one of the first national
homebuilders to offer solar. In 2011, the company introduced its
first all-solar community, taking an early leadership position in
the industry. At a time when many builders had deemed sustainable
housing a “luxury,” KB Home recognized the potential solar-powered
homes presented. The homebuilder established a solar home program
that put energy-efficient homeownership within reach for thousands
of buyers, offering a winning combination of helping to lower their
utility bills and reduce their environmental footprint.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201118005170/en/
KB Home marks significant milestone of
over 11,000 solar-powered homes delivered. (Photo: Business
Wire)
“We are proud to have delivered over 11,000 solar homes, a
milestone that reflects the company’s commitment to building
energy-efficient homes,” said Jeffrey Mezger, Chairman, President
and Chief Executive Officer of KB Home. “Our innovative new solar
homes help our homeowners lower their overall utility costs and
enable them to enjoy a more sustainable lifestyle.”
For nearly a decade, KB has partnered exclusively with SunPower
to offer all-solar communities, developing an enduring partnership
in the process. More recently, KB Home became the first homebuilder
to offer SunPower’s new OneRoofTM product, a complete
roof-integrated solar system ideal for the new-home market.
“KB Home has long been at the forefront of prioritizing
renewable energy in new-home construction, and we extend a big
congratulations to them on delivering over 11,000 homes equipped
with SunPower’s systems, more homes than any other homebuilder in
the nation,” said Norm Taffe, Executive Vice President of North
American Channels at SunPower. “SunPower’s durable and attractive
roof-integrated solar system enables KB homebuyers to lower their
cost of energy and reduce their carbon footprint—a winning
combination."
Today, all KB homes are designed to meet or exceed ENERGY STAR®
certification standards, meaning the homes can have substantially
lower monthly utility costs when compared to typical used homes. In
fact, KB has delivered over 146,000 ENERGY STAR certified new
homes, a milestone that surpasses all other homebuilders. With the
addition of solar to an ENERGY STAR certified home, KB homeowners
can further reduce their environmental footprint and their
electricity bills. To date, KB solar homes have produced an
estimated 428 million total kilowatt hours of electrical power,
reducing CO2 emissions by an estimated 668 million pounds—the
equivalent of removing over 64,000 cars from the road for an entire
year.
For more information on KB Home, call 888-KB-HOMES or visit
kbhome.com.
For more information on KB Home's sustainability initiatives,
visit kbhome.com/sustainability.
About KB Home
KB Home is one of the largest and most recognized homebuilders
in the United States and has been building quality homes for over
60 years. Today, KB Home operates in 42 markets across eight
states, serving a wide array of buyer groups. What sets us apart is
how we give our customers the ability to personalize their homes
from homesites and floor plans to cabinets and countertops, at a
price that fits their budget. We are the first builder to make
every home we build ENERGY STAR® certified. In fact, we go beyond
the EPA requirements by ensuring every ENERGY STAR certified KB
home has been tested and verified by a third-party inspector to
meet the EPA’s strict certification standards, which help to lower
the cost of ownership and to make our new homes healthier and more
comfortable than new ones without certification. We also work with
our customers every step of the way, building strong personal
relationships so they have a real partner in the homebuying
process, and the experience is as simple and easy as possible.
Learn more about how we build homes built on relationships by
visiting kbhome.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201118005170/en/
Craig LeMessurier, KB Home 925-580-1583
clemessurier@kbhome.com
KB Home (NYSE:KBH)
Historical Stock Chart
From Aug 2024 to Sep 2024
KB Home (NYSE:KBH)
Historical Stock Chart
From Sep 2023 to Sep 2024