KB Home Celebrates Milestone of 200,000 ENERGY STAR Certified Homes Built

KB Home Celebrates Milestone of 200,000 ENERGY STAR Certified Homes Built

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today marked a significant milestone for the company and industry: 200,000 ENERGY STAR ^® certified homes built, more than any other homebuilder in the nation. This milestone highlights the company's long-standing commitment to building highly energy-efficient new homes and further demonstrates its leadership position as the #1 energy-efficient national homebuilder based on achieving one of the lowest publicly reported national average Home Energy Rating System (HERS ^® ) Index scores among large national production homebuilders.

"We are proud to celebrate this industry-leading milestone of 200,000 ENERGY STAR certified homes built, which underscores our focus on building highly energy-efficient new homes at an affordable price that also reduce the overall cost of homeownership through monthly utility savings," said Jeffrey Mezger, Chairman and Chief Executive Officer of KB Home. "We believe that a KB home is a better home, one that is more efficient and affordable to operate, and delivers on the enduring promise of the American dream."

KB Home was the first national homebuilder to make a broad commitment to building ENERGY STAR certified homes, a standard that fewer than 12% of new homes nationwide meet. An energy-efficient KB home helps lower the cost of ownership through monthly utility savings and is designed to deliver greater comfort and well-being than new homes without certification. To date, the company's high-performance, energy-saving homes are estimated to have cumulatively reduced utility bills for their homeowners by $1.3 billion and the generation of CO ₂ emissions by 8 billion pounds, the equivalent of removing over 846,000 gasoline-powered passenger vehicles from the road for one year.

"The U.S. Environmental Protection Agency (EPA) congratulates KB Home on reaching the milestone of building 200,000 ENERGY STAR certified homes," said Jean Lupinacci, EPA's Climate Protection Partnerships Division Director. "KB Home has been a valued ENERGY STAR partner since 2000 and has earned recognition from EPA as an ENERGY STAR Partner of the Year Sustained Excellence Award winner for 14 consecutive years, the most of any homebuilder."

Additionally, nearly 20 years ago, KB Home became the first national builder to participate in the WaterSense ^® program, recognizing the important role the program could play in helping to lower its buyers' monthly utility costs. To date, the company has built over 26,000 WaterSense labeled and Water Smart homes - more than any other homebuilder - and installed over 1.2 million WaterSense labeled fixtures. KB Home estimates that these homes conserve approximately 2.1 billion gallons of water annually.

KB Home has also prioritized building homes that can be healthier. The company's homes are designed with quality construction techniques and features that are guided by the ENERGY STAR and Indoor airPLUS standards to offer a broad set of health-related benefits compared to other new or existing homes.

KB Home has earned awards under all of the EPA homebuilder programs, including ENERGY STAR, WaterSense and Indoor airPLUS. The homebuilder's sustainability leadership was also recognized by Newsweek ^® , with the company being the only homebuilder named to the publication's prestigious America's Most Responsible Companies list five years in a row. Additionally, KB Home was named as one of USA Today's 2024 America's Climate Leaders, with the distinction of being ranked in the top 5% of all companies listed as well as the highest-ranked homebuilder.

For more information on KB Home's sustainability initiatives, visit kbhome.com/sustainability.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 47 markets, have built over 680,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

About ENERGY STAR

ENERGY STAR is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $500 billion in energy costs and achieve 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR's impacts can be found at www.energystar.gov/impacts.