Assessment and Cost Effective Analysis of LEED Certified Single-Family Homes in Kentucky

A Thesis Presented to the faculty of the College of Science and Technology Morehead State University in Partial Fulfillment of the requirements for the Degree Masters of Science by Stephen Glossner on June 9, 2014

Assessing the Cost Effectiveness of LEED Certified Homes in Kentucky

The purpose of this study was to analyze the cost effectiveness of building new-construction single-family homes through the Leadership in Energy and Environmental Design (LEED) program in six counties of Kentucky. The estimated added LEED construction cost was calculated as well as its respective payback period based on the expected utility savings of LEED certification. A mortgage cost comparison was also performed comparing traditional code built to non-LEED single-family homes. Using descriptive statistical analysis on the simple payback period, mortgage costs were compared internally and by county. This study found that The LEED Certified and Silver level had payback periods less than 30 years, and the total 30 year net difference between non-LEED and LEED certified ranged from $-1,193.20 to$1,667.64