Window of opportunity: Retrofits produce savings
A report titled, "Saving Windows, Saving Money: Evaluating the Energy Performance of Window Retrofit and Replacement," concludes that upgrading windows (specifically older, single-pane models) with exterior storm windows and insulating shades can result in substantial energy savings across a variety of climate zones.
The study was commissioned by the Preservation Green Lab and funded by The National Park Service’s National Center for Preservation Technology and Training.
It analyzes decades of research about the performance of double hung windows, comparing the relative energy, carbon and cost savings of various choices in multiple cities across the United States.
"A number of existing window retrofit strategies come very close to delivering the energy benefits of high-performance replacement windows — at a fraction of the cost," said Mark Huppert, technical director of the Preservation Green Lab. "From weather stripping and sealing, to installing exterior storm windows or interior cellular shades, almost every retrofit option offers a better return on investment than outright replacement."
These findings have important environmental and economic ramifications for consumers. Residential buildings are responsible for approximately 20% of total U.S. energy use and carbon dioxide emissions. Many of these buildings are single-family homes where heating and cooling represent the largest uses of energy, and where windows are an important factor in home energy efficiency. Americans spend over $17 billion annually on heating and cooling.
"Homeowners and designers who want to upgrade existing windows have many choices: from simple, low-cost, do-it-yourself solutions to complete replacement, which can cost tens of thousands of dollars," said David Brown, executive VP and chief preservation officer of the National Trust for Historic Preservation. "This report provides the context and data to help budget conscious consumers make sound decisions."
Research support for the study was provided by Cascadia Green Building Council and Ecotope, a consultancy focused on energy efficiency and sustainability.
The full report and an overview of key findings are at preservationnation.org/saving-windows-saving-money.
Unemployment numbers: Too good to be true?
Several readers responded with incredulity to the data in the article titled, “Unemployment rate declines to 7.8%.”
They are not alone.
Business guru Jack Welch was one of the first to cry foul at the rate. He tweeted: “Unbelievable job numbers. Those Chicago guys will do anything." The Bureau of Labor Statistics bristles at the suggestion that the data was politically motivated, or that it was altered to cast the incumbent president’s policies in the finest light possible. Click here for the article.
Here are some of the comments about the employment situation report from HCN readers:
“I am not trusting this data. Why? Because the government tracks and may easily manipulate the information to serve their political goals.”
— Ed Sims
“Complete political manipulation. How is it that once unemployment has run out, those people are not counted anymore, even though they are still not working? If I were Romney (at the next debate), I would drill Obama until he admits the data is wrong.”
— Name withheld
“Certainly coincidence four weeks [before] a general election. Need to see how many stopped looking for work and how the definition of ’employment to population’ allows a 40-basis point change after being flat year to date. All too suspicious and vague from the department of labor.”
— Mike Howser
"The numbers are fudged to make Obama look better. Way too big of a jump to be credible."
— Paul Gilpin
Sold: Stanley’s HHI Group to Spectrum Brands
Stanley Black & Decker agreed to sell its Hardware & Home Improvement Group (HHI) to Sectrum Brands Holdings for $1.4 billion in cash.
Part of Stanley’s Security segment, the HHI division makes residential locksets, builders hardware and plumbing fixtures under the brands of Kwikset, Weiser, Baldwin, Stanley, National and Pfister. HHI had 2011 revenues of $940 million.
"The sale of HHI is consistent with our strategy of strengthening our position as a diversified industrial company while maintaining the significant upside potential of a housing market recovery through our $5 billion CDIY portfolio," said John Lundgren, Stanley Black & Decker CEO.
The deal brings after-tax proceeds of $1.3 billion to Stanley, which said it intends to use it for share repurchases, a previously announced Infastech acquisition and deleveraging.
Oct-20-2012 06:24 pm