AEP Ohio recently presented affordable housing developer Woda Cooper Companies with an incentive of more than $22,000 through its EfficiencyCrafted Homes program.
The incentive recognizes Woda Cooper Companies’ commitment to providing affordable utility solutions for low-income seniors through high energy efficiency standards. Open since late 2018, Fairwood Commons, a $12.2 million investment in Columbus’ Franklin Park neighborhood, is Ohio’s first multifamily property built to Passive House (PHIUS) certification standards and has achieved LEED Platinum certification, in addition to being ENERGY STAR-certified. It has also earned certifications for the Department of Energy’s Zero Energy Ready Homes and EPA’s Indoor airPLUS programs. Energy efficiency measures at the property are expected to minimize long-term maintenance costs and utility bills for residents.
“The incentive from AEP Ohio will support us in providing high-quality affordable housing, peace of mind and long-term savings to senior residents at Fairwood Commons and other properties,” said Joseph McCabe, vice president of development with Woda Cooper Companies.
With an average HERS® (Home Energy Rating System®) index score of 38, Woda Cooper Companies has positioned Fairwood Commons as a leader in energy efficient affordable living. HERS® is a measure of energy efficiency between 150 and 0. Existing homes typically score over 100, while new homes have scores that range from 85 to 100. Homes built with EfficiencyCrafted standards typically score below 70. A score of 38 indicates that Fairwood Commons uses approximately 53 percent less energy than if built in compliance with the 2009 International Energy Conservation Code (the applicable code in Ohio at the time of construction).
AEP Ohio is proud to partner with companies, like Woda Cooper, who are building homes that will have a positive and lasting impact on the community.
Since 2008, AEP Ohio’s Energy Efficiency programs have saved customers 4,835 total GWhs and more than $2 billion in energy costs, creating green jobs, and reducing carbon dioxide emissions by 3.8 million tons and sulfur dioxide emissions by 16,800 tons.
AEP Ohio offers a variety of additional energy efficiency programs to help residential and business customers save energy and money. For more information, visit AEPOhio.com/Save (residential) or AEPOhio.com/Solutions (business).