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100 new homeowners get guaranteed cap on utility bills
Earth Advantage passed its first milestone signing up its 100th client in its innovative energy bill guarantee program.
The 100 families bought new homes from participating home builders, and Earth Advantage, a Portland nonprofit, guarantees the utility bills for the homeowners first three years in their house. If the bills turn out higher than guaranteed in any of the three years, Earth Advantage makes up the difference.
Buyers pay a $50 fee to join the program and sign an Energy Bill Guarantee Contract. So far, participating builders include Stone Bridge Homes NW, FourSquare Design/Build; Pinnacle Construction Services, DanMac builder, and Performance Homes.
For more information on the program, see our past coverage in Sustainable Life at http://portlandtribune.com/sl/158968-want-a-cash-back-guarantee-on-bills.
Also check out Earth Advantages website: http://www.earthadvantage.org/residential/energy-bill-guarantee.html.