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Report: zero-energy housing market on the rise

By: Josh Kulla//August 6, 2019//

Report: zero-energy housing market on the rise

Josh Kulla//August 6, 2019//

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Development of zero-energy residential units in the United States and Canada is continuing to grow, according to a recent study.

At the end of 2018 there were 22,146 zero-energy units (either single-family or multifamily) in design, under construction or completed in the two countries, Team Zero (formerly the Energy Coalition) reported. That is a 59 percent increase from the end of 2017 (13,906 units).

A zero-energy building produces at least as much energy as it consumes over a year.

Recently, San Francisco-based consulting firm Grand View Research Inc. forecast approximately $78.8 billion of investment in the global zero-energy building market by 2025. More interest in such construction is expected in this sector, Geoff Ferrell, chief technology officer of Arizona-based Mandalay Homes, stated in a press release.

鈥淎 lot of it is driven by codes and a lot of it (is) being driven, thankfully, by builders and developers that want to get out in front of things,鈥 stated Ferrell, whose firm claims to have built more than 1,100 zero-energy units. 鈥淭hey see zero energy as a proposition that differentiates them in the marketplace, and that is one of our drivers.鈥

Other findings of the study included:

  • Multifamily buildings represented 71 percent of the total zero-energy housing stock.
  • California (6,828) led all states and provinces in number of units (6,828), and New York (3,022) was second. Oregon (535) ranked ninth.
  • Canada’s number of units (3,404) represented a 240 percent increase from the end of 2017.


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