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Why is retrofitting an existing home more cost efficient than building new?

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Why is retrofitting an existing home more cost efficient than building new?

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SS: For each $5,000 in energy improvements you spend on a new house, you only get small, incremental gains in energy efficiency. A California energy consulting company study found that retrofitting existing homes with energy-efficient features is four to eight times more carbon and cost efficient than adding energy-efficient features to new housing.

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