Hiles Leading Way For Residential SEER Ratings

Hiles Leading Way For Residential SEER Ratings

In 2015, the U.S. Department of Energy revised its guidelines, demanding that new residential HVAC systems installed throughout the Southeastern U.S. increase the minimum SEER (the Seasonal Energy Efficiency Ration that defines the overall efficiency of air conditioners) from 13 to 14. In response to these changes, Marcus Hiles’ Fort Worth company went two steps further, insisting on only using central AC units operating at 16 SEER. The results were immediately noticed, with residents saving, on average, 20 percent annually compared to apartments built five years earlier, and up to 50 percent when measured against a 10-year-old home. The U.S. Energy Information Administration’s Residential Energy Consumption Survey documented Texas households spending an average of $1,800 per year on electricity, but Hiles notes that despite these expenses, residents in only one of his developments will save more than a combined $53,000 annually. His cost-effective projections estimate that over the course of five years, Western Rim tenants will collectively save more than six million dollars, an impressive total. These 16 SEER ACs help the environment by lowering CO2 emissions by 744 tons annually per Western Rim neighborhood—the equivalent of taking nearly 1,000 cars off the road each year.

Read more: http://finance.yahoo.com/news/marcus-hiles-fort-worth-property-070206787.html