) in collaboration with
) initiated a pilot program of installing new energy storage
solutions in some of the communities in Irvine, El Dorado Hills,
and San Diego, CA. KB Home already offers high-efficiency solar
power systems in more than 150 KB Home communities in California.
This pilot program includes high efficiency solar power systems,
which store solar energy during the day. SunPower expects a wider
rollout to more communities next year. The company has already
started installing energy storage solutions on a pilot basis in
Australia and Germany.
The new energy storage technology will offer an alternative energy
source, especially during power outages. In the future,
battery storage will help homeowners to tackle energy loads and
even use it to charge electric cars.
In March, KB Home had collaborated with SunPower to install a
3-kilowatt high-efficiency photovoltaic system for its communities
in Arizona. The company has already built 2,200 solar power homes
in some of the communities in California, Colorado, Nevada and
Homebuyers tend to look for properties, which minimize their home
maintenance costs. These often include larger floor space to
accommodate future needs, energy efficient electric appliances and
other facilities. KB Home focuses on meeting this demand of
All KBH homes offer energy efficient features and help residents
save on their utility bills. The homes incorporate Energy Star
certified appliances, Wiser home management systems, and WaterSense
labeled faucets and fixtures, which also help to conserve natural
resources. KB Home estimates that homeowners can save $216
per month or about $25,900 over 10 years from Energy Star certified
homes, given the current residential electric rates.
KB Home carries a Zacks Rank #4 (Sell).
Other Stocks to Consider
Investors interested in the homebuilding industry can consider
TRI Pointe Homes, Inc.
). Both the companies hold a Zacks Rank #2 (Buy).
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KB HOME (KBH): Free Stock Analysis Report
SUNPOWER CORP-A (SPWR): Free Stock Analysis
TRI POINTE HOME (TPH): Free Stock Analysis
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