Energy Efficiency Projects Give Homeowners Financially Savvy Alternatives to Saving Money Today, Tomorrow and Longer Term
Published: Wednesday, May. 05, 2010
The Berkshire Hathaway Annual Shareholders Meeting has grown from 12 attendees in 1981 to an estimated crowd of nearly 40,000 attendees in 2010. Johns Manville (JM), a leading global manufacturer of an extensive line of energy-efficient building products, attended the meeting for the tenth consecutive year with the objective of showcasing its energy efficiency solutions.
“From our innovative insulation to roofing solutions to using sustainable practices such as recycled content in our products, JM is a leader in energy efficiency,” noted Todd Raba, JM president and CEO.
“Increasing home energy efficiency impacts our country positively in multiple ways,” said Mike Lawrence, JM vice president and general manager for the Insulation Systems business. “A national focus on home energy efficiency will create good-paying jobs in manufacturing, distribution, retail, and the installation and service industries. What’s more, energy efficiency also increases the health and comfort of homeowners and makes home ownership more affordable.” Lawrence also noted that energy efficiency is the fastest and cheapest way to achieve significant reductions in greenhouse gas emissions in the short term. “Energy efficiency truly is a ‘no downside’ action that will save homeowners money immediately,” Lawrence said.
When JM announced its entry into the solar market last year Fred Stephan, vice president and general manager of JM’s Roofing Systems business, said, “This further strengthens our leadership in sustainable roofing. This is our first step in offering to our customer base a range of new solar-energy producing commercial roofing products.”
In his State of the Union address in January 2010, President Obama called on Congress to pass a program of incentives for homeowners who make energy efficiency investments in their homes. More recently the President outlined and Congress proposed details of a new “HOMESTAR” program that would help create jobs by encouraging American families to invest in energy-saving home improvements. “The program could help save homeowners hundreds of dollars a year in energy costs while improving the comfort and value of their most important investment – their homes,” said Lawrence. “In addition, the program would help reduce our economy’s dependence on oil and support the development of an energy efficiency services sector in our economy.
Congress has also recently proposed the “BUILDING STAR” program, which is the commercial building analog to HOMESTAR.
Johns Manville is the only manufacturer to offer a complete line of certified Formaldehyde-freeTM fiber glass building insulation. Johns Manville building insulation meets both the Tier 2 insulation standards under the 2010 California Green Building Code as well as the updated 2010 ES-1350 standard for the residential scenario.
Johns Manville also offers a nationwide network of professional installers, and Johns Manville Formaldehyde-freeTM insulation is available for purchase at all Lowe’s locations across America. In addition to the proposed HOMESTAR program, Johns Manville publishes information on other federal, state and local rebates, as well as home energy audit tools, on its website www.jmhomeowner.com.
About Johns Manville
Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A) (NYSE: BRK.B), is a leading manufacturer and marketer of premium-quality products for building insulation, mechanical insulation, commercial roofing, and roof insulation, as well as fibers and nonwovens for commercial, industrial, and residential applications. JM serves markets that include aerospace, automotive and transportation, air handling, appliance, HVAC, pipe and equipment, filtration, waterproofing, building, flooring, interiors, and wind energy. In business since 1858, the Denver-based company has annual sales of approximately $2 billion and holds leadership positions in all of the key markets that it serves. JM employs approximately 6,500 people and operates 41 manufacturing facilities in North America, Europe and China. Additional information can be found at www.jm.com.
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