US home retrofit market will reach $35 billion by 2013

The President has called for more incentives for energy efficiency upgrades to our homes.

“We expect the market to continue to grow simply because energy efficiency will have the greatest impact at the least economic burden level to homeowners, says Shelley Carr, publisher of SBI Energy reports.

"The US home retrofit market will reach $35 billion by 2013, a 69 percent increase from 2008, according to SBI Energy, a market research company specializing in home energy. Specifically, the market for energy-efficient heating, ventilation, and air-conditioning retrofits is expected to grow from $3.1 billion in 2008 to $5.1 billion by 2013."

If 50 million of the 120 million buildings in the US were retrofitted over the next ten years, says Mr. Cooper, “that would have a tremendous impact on the structure and demand for electricity and natural gas.”

It's a 'win win.'