November 21, 2016

Breaking New Ground in Providing Transparency to Costs of Home Ownership: Estately Adds ClearlyEnergy Utility Costs to Platform

ClearlyEnergy and Estately are placing one of the top home operating expenses at the fingertips of home buyers by adding estimated utility costs to the Estately portal.

Home buyers can now easily compare one home’s utility costs to another. Each estimate is linked to a Utility Report that breaks down the energy costs by key components and showcases the smartest ways to reduce energy use and save. “Estately is excited to add ClearlyEnergy's Utility Costs Platform to our collection of home search features," said Estately CEO Galen Ward. "This is yet another great tool to help our users determine which is right for them and their budget."

A recent survey of prospective homebuyers conducted by ClearlyEnergy, MIT and a leading real-estate portal showed that 38% of homebuyers view a home’s energy efficiency as critical or very important factor. “We know prospective homebuyers are eager for more information on homes’ energy footprint and we’re happy ClearlyEnergy and Estately were able to provide this transparency. Energy costs are typically the second largest cost of home ownership or rental, and it was about time buyers and renters saw that information.” said Véronique Bugnion, co-founder of ClearlyEnergy. 

“Buyers are becoming more sensitive to utility costs and we hope to facilitate what is currently a laborious task for sellers and their agents by providing simple ways of sharing accurate utility cost with the marketplace,” explains Norma Jean Autry, co-founder of ClearlyEnergy. Homeowners can provide a historical average bill amount, utility data or information on the home’s energy systems to validate and improve the estimate calculated by ClearlyEnergy: “We help home owners highlight the efficient features of their homes, whether it’s a new refrigerator, LED lights or full blown solar.”

About Estately

Estately is a national real estate company that’s revolutionizing the home buying experience. Home buyers can search through millions of listings in 39 states on Estately.com or with the Estately App.

About ClearlyEnergy

ClearlyEnergy is a leading provider of utility costs for the real estate industry.