Better Warranties Mean Higher Solar Home Values

More good news for new solar customers. As residential solar competition heats up, system warranties are improving.

At Savenia, we calculate that systems with higher power warranties will see an overall increase in their system lifetime cash flows. – around 8% compared to lower level warranties. These higher power programs ensure that system owners get maximum power and minimal panel degradation during their system lifetimes. Understandably, these higher power system owners will see an overall increase in their system’s lifetime cash flow. For a solar system size of 8kW with average US electricity costs, this translates into an increase of around $3K on top of all the other financial benefits of the system. This assumes one solar system with a warranty guaranteeing power at 92% vs. new over 25 years, and another system guaranteeing 80%.

Many other elements in the warranty package are also changing with competition. Length of warranty (ranging from 10-30 years), payment of fees for removal / shipping / repair / installation of faulty items, which components are covered (panels, inverters, management software, etc).

Savenia Solar Ratings help capture and communicate the added value of solar systems in all 50 states.

Savenia Solar Ratings for Installers – Provide solar customers with a powerful, 3rd party independent report on the value added to the home as a result of solar installation.

Savenia Solar Ratings for Home Sellers – Provide potential home buyers with a 3rd party, independent report and marketing materials to help differentiate a solar home, sell faster and capture more value.

 To get Savenia Solar Ratings for your organization – contact us at info@savenialabs.com

New DC Solar Law Adds Value To Solar Homes!

Today we updated our solar rating algorithms for Washington DC to capture the value of recent legislation extending solar incentives https://mayor.dc.gov/release/mayor-bowser-signs-renewable-portfolio-standard-bill-law.

We calculate that recently installed DC solar systems that own SRECS will see an overall increase in their system lifetime cash flows of around 20% as a result of this new law. For a solar system size of 8kW, this translates into an increase of around $15K. This is on top of the very attractive incentives already in place in DC for solar homeowners.

Savenia will incorporate these changes into all new DC solar ratings from today. Savenia Solar Ratings are available in all 50 states.

Savenia Solar Ratings for Installers – Provide solar customers with a powerful, 3rd party independent report on the value added to the home as a result of solar installation.

Savenia Solar Ratings for Home Sellers – Provide potential home buyers with a 3rd party, independent report and marketing materials to help differentiate a solar home, sell faster and capture more value.

 To get Savenia Solar Ratings for your organization – contact us at info@savenialabs.com

Savenia Wins ‘Best For Environment’ from B Lab

Today we are delighted to announce that Savenia was once again recognized for creating the most positive overall environmental impact by the nonprofit B Lab with the release of the fifth annual ‘B Corp Best for the Environment’ list.

Screen Shot 2016-09-07 at 1.19.51 PMThe list honors businesses that earned an environmental score in the top 10% of more than 1,800 Certified B Corporations worldwide from over 120 industries on the B Impact Assessment, a rigorous and comprehensive assessment of a company’s impact on its workers, community, and the environment.

This is the 2nd consecutive year that Savenia has received this honor.

This year’s winners include Seventh Generation, New Belgium Brewing and Sungevity.

“Savenia has been a proud member of the Certified Benefit Corporation movement since 2011 to help re-define the role of business as a force for good”, said John Jabara, Founder of Savenia.

Thank you for all of your support!

#bestfortheworld16

Savenia Re-Certified as BCorp!

UnknownToday we achieved re-certification as a B Corporation (BCorp), a proud designation we’ve held since 2011. This was accomplished after rigorous documentation reviews and an onsite audit by B Lab HQ staff to verify our environmental policies and other business practices.

You can see our latest rating here.

We were proud to be awarded the 2015 ‘Best for Environment’ award by B Lab, and continue to believe strongly that B Corps represent a better way to do business – by using business as a force for good.

Today, there is a growing community of more than 1,400 Certified B Corps from 42 countries and over 120 industries working together toward 1 unifying goal: to redefine success in business. Any company can take a free survey and get recommendations on how to get started at https://www.bcorporation.net.

“Having the confidence to be transparent in your environmental impact and policies not only forces you to be rigorous internally,” said John Jabara of Savenia Labs, “but the disclosure of this information educates and motivates others (like suppliers, customers and competitors) to take action. This creates a positive reinforcement loop for change.”

Savenia provides a free solar value calculator and premium verified solar system ratings for home sellers and solar installers at www.saveniahome.com.

Thanks for your continued support!

 

Savenia Donates Appliances To Homeless Families In Transition

Today we announced our plan to donate a large selection of appliances to Stepping Stones Shelter, a Montgomery County Maryland non-profit that provides temporary housing to homeless families in transition to more stable living arrangements. You can see the full release here.

Stepping Stones Shelter LogoSavenia will donate microwave ovens, coffeemakers, teakettles, toasters and toaster ovens to help up to 50 families move out of the shelter and into their new housing with the appliances they need. Appliances were lightly used during Savenia energy efficiency laboratory testing.

“Every year, Stepping Stones serves as a refuge for families who have nowhere else to call home, and as a lifeline for families in the community who are at-risk for returning to homelessness” said Denise Fredericks, Executive Director of Stepping Stones Shelter. “With the generous support of companies like Savenia, we are able to provide temporary shelter and critically needed services to help families move from the crisis of homelessness to more stable housing. Once families are stably housed, they can take the next step with confidence.”

“We are delighted to see these appliances make a difference in the homes of local families making a fresh start,” said John Jabara, Founder of Savenia Labs.

About Stepping Stones Shelter
Stepping Stones Shelter provides a continuum of services (emergency shelter, permanent supportive housing, and post-shelter services) to homeless families with children in order to move them from crisis to a stable home environment.  By offering food, shelter and supportive services in an atmosphere of dignity and respect, Stepping Stones provides hope for the future, strengthens families, and promotes self-sufficiency. http://www.steppingstonesshelter.org, For more information contact Denise Fredericks at denise@steppingstonesshelter.org.

Savenia Wins ‘Best For Environment’ From B Lab

2015-BFTW-Environment-LGToday we are delighted to announce that Savenia Labs was recognized for creating the most positive overall environmental impact by the nonprofit B Lab with the release of the fourth annual ‘B Corp Best for the Environment’ list.

The list honors businesses that earned an environmental score in the top 10% of more than 1,200 Certified B Corporations worldwide from over 120 industries on the B Impact Assessment, a rigorous and comprehensive assessment of a company’s impact on its workers, community, and the environment.

You can see the full release here.

Additional 2015 Best For the Environment Honorees include well-known cleaning product brands Method Products and Seventh Generation, Brazilian personal care company and the largest Certified B Corporation Natura, and North Carolina based WasteZero, helping more than 800 towns and cities around the country reduce the amount of municipal waste that is landfilled and burned.

“Since 2011 Savenia has been a proud member of the Certified Benefit Corporation movement to help re-define the role of business as a force for good”, said John Jabara, Founder of Savenia.

Thanks everyone for your continued support!

Savenia Labs Earns B Corporation Recertification

B Corp LogoSince Savenia Labs became the first Certified B Corp in Bethesda, MD, back in 2011 – the community we’ve helped grow has exploded. Now there are over 800 B Corps representing 60 industries in 27 countries. Twenty US states legally recognize B Corps– for-profit companies that exist for public benefit – putting them on an equal footing with other for-profit legal structures like LLC or C Corp.  Our home state of Maryland was first to adopt this new legal structure, and recently Delaware – where 50% of all US companies are listed – has come on board.

Certified B Corporations are legally obligated to provide a public benefit, and balance the interests of stockholders with those affected by the company’s practices. As part of the rigorous recertification process, Savenia Labs underwent an extensive 3rd party audit of our environmental activities. This also covered our policies with regard to employees, community, supply chain, and the ways we reduce our environmental impacts and encourage others to do the same. Our independently audited report card, certifications and policies are always published on our website for full transparency. Click here.

As a Certified B Corp, Savenia Labs is part of a dynamic, creative, fast-growing cohort of companies that do good by doing well. We think it makes good business sense. By educating buyers and helping them save money on their energy and water bills, Savenia  fosters a win-win-win: for shoppers, forward thinking businesses and the environment. We’re proud of what we’ve accomplished and want to thank everyone for the tremendous support.

Savenia’s World First Spotlight and Floodlight Labels Make Savings Easy

Savvy LightbulbToday we are delighted to announce the world’s first light bulb energy and environmental impact rating labels for floodlights and spotlights. Full press release here.

By bringing the power of Savenia Labs Energy Rating Labels to these high energy bulbs, shoppers can easily see how much it costs to light their homes across different bulb technologies, before they buy, at participating retailers.

Studies show fewer than 20% of the spot- and floodlights sold today are LEDs. With prices lower than ever, why haven’t consumers made the switch?

Buying light bulbs has become complicated.  One thing that should be easy is calculating the big energy and cost savings from switching to energy efficient bulbs. Savenia Labs can help. Until now, comparing the total costs for 3 bulbs required 11 mathematical calculations in the aisle.  As the average home has 50 mostly energy-hungry incandescent light bulbs, shoppers stand to save thousands by switching to more efficient bulbs that use less energy and last longer.

We found that some floodlight bulbs cost over $160 to power and require 8 bulb changes over a standardized 15-year lighting period, while others can cost as little as $40 to run over the same period with a single bulb.

Savenia Labs’ newest Energy Rating Labels make it easy to see which bulbs will cost more in electricity over time and how many bulbs you’ll need to replace over the same period. Energy costs and carbon footprints are customized by local zip code.

The labels simplify and highlight the potential cost savings between bulbs at a glance, so shoppers can consider other features important to them.

You can see the selection of Savenia Labs Energy Rated light bulbs on the shelf at participating stores throughout the Washington DC and Baltimore regions.  You can also review our analysis of the features, brands, and results on your smartphone.  Let us know what you think!

Do you want inside info on more Savenia World Firsts before everybody else? SIGN-UP

Savenia Labs Launches First ‘GEO’ Air Conditioner Energy Rating Labels

 

GEOGRAPHY BASED ENERGY RATINGS REVOLUTIONIZE APPLIANCE SHOPPING

Today Savenia Labs unveiled the first ever location-specific energy rating labels for room air conditioners. Savenia Labs’ new ‘GEO’ Energy Rating Labels report zip code specific lifetime energy costs for room air conditioners anywhere in the US. Now available at participating retail stores, shoppers can see how much it will cost to run an air conditioner before they buy – with data specific to local energy costs, environmental impact and regional usage patterns.

Since lifetime energy costs can greatly exceed purchase prices, these new labels revolutionize air conditioner shopping by magnifying customer savings.

“Energy Rating Labels must be highly relevant to local shoppers to be helpful,” said John Jabara, Founder of Savenia Labs. “The same room air conditioner that costs $500 to run in electricity costs over its 9 year lifetime in Chicago will cost over $3,000 in a hotter climate like Key West, Florida. Now shoppers can get this localized information on the shelf next to the price tag for easy comparison, and save hundreds of dollars by shopping smart.”

Participating retailers that displayed the Savenia Labs Energy Rating Labels last fall experienced dramatic increases in appliance sales and customer satisfaction, while consumers benefited from energy efficiency information that helped them save money.

Check out the selection of energy efficient appliances at Strosniders True Value hardware and let us know what you think!  And stay tuned for more energy ratings from Savenia Labs.

Savenia Labs Launches First Dehumidifier Energy Rating Labels

We are delighted to announce today the launch of the first dehumidifer Energy Rating Labels, now available in participating retail stores.

After trying to buy a dehumidifier for a damp basement and wading through the confusing size and energy recommendations – we decided to dramatically simplify the buying process for everyone else. Now shopping for dehumidifers with Savenia Labs is easy as 1-2-3. Choose the size you need based on the square footage of your basement, go to a participating Savenia retailer or our smartphone site and compare the models, and start saving money. We were surprised by what we found. Dehumidifers that cost $100’s to buy can cost $1000’s to run over their lifetime.

Now you can know…BEFORE you buy. The launch press release can be found here.

During the humid summer months millions of households use dehumidifiers, and now there’s a simpler way to buy energy saving models with information right on the store shelf. All Savenia Labs Energy Rating Labels are customized for energy costs and carbon footprint based on store zip codes. Participating retailers can download localized labels and print them in the store.

Check out Strosniders True Value selection of dehumidifiers in both Bethesda and Silver Spring MD and let us know what you think.

Still more Energy Ratings to come so keep checking in with us and follow along on Facebook.