KB Home (NYSE:KBH) is pleased to announce that it has been named a 2018 ENERGY STAR Partner of the Year – Sustained Excellence Award winner for the eighth consecutive year, an unprecedented achievement for a national homebuilder. An early adopter of the ENERGY STAR program, KB Home’s continued leadership in protecting the environment through superior energy efficiency achievements will be recognized by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy in Washington, D.C. on April 20, 2018.

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KB Home earns eighth ENERGY STAR® Partner of the Year -- Sustained Excellence Award. (Graphic: Busin ...

KB Home earns eighth ENERGY STAR® Partner of the Year -- Sustained Excellence Award. (Graphic: Business Wire)

KB Home, an ENERGY STAR partner since 2000, has built more than 115,000 ENERGY STAR certified homes. Today, every KB home built is ENERGY STAR certified, with cumulative savings on utility bills for KB homeowners totaling more than $658 million. The energy-efficient features of these homes also prevent greenhouse gas emissions equivalent to those from 382,000 passenger vehicles. ENERGY STAR certified homes must meet EPA’s rigorous requirements for energy efficiency and undergo third-party testing and verification.

“KB Home has been partnering with the EPA and the ENERGY STAR program for nearly two decades,” said Jeffrey Mezger, KB Home chairman, president, and chief executive officer. “Since then we have prioritized incorporating energy-saving features into our homes that meaningfully reduce long-term operating and maintenance costs. We have also made considerable progress in demonstrating the many benefits of these features to the environment and to KB homeowners’ daily lives and budgets. Moreover, our longstanding focus and industry leadership on sustainability have given us a distinct competitive advantage in the marketplace. We are very pleased to again be recognized by the EPA for our achievements, and we look forward to building on our success and further advancing our sustainability initiatives.”

KB Home takes a broad approach to sustainability, encompassing energy efficiency, water conservation, healthier indoor environments, smart home capabilities and waste reduction. KB Home is the only national builder to have earned awards under all of the EPA programs aimed at homebuilders — ENERGY STAR, WaterSense®, which establishes water efficiency standards, and Indoor airPLUS®, which focuses on indoor air quality.

“The 2018 ENERGY STAR Partners of the Year have demonstrated real leadership, showing how American families and businesses can save energy, save money, and reduce air emissions,” said Bill Wehrum. Assistant Administrator for Air and Radiation at the EPA. “KB Home is part of a distinguished group that has made a long-term commitment to improving public health and protecting the environment by eliminating energy waste and associated pollution.”

KB Home continuously explores new ways to increase the efficiency of its homes and expand its impact in the area of sustainability within the homebuilding industry and beyond. It was one of the first homebuilders to introduce a proprietary method for rating the energy performance of a home, the Energy Performance Guide® (EPG®), which provides consumers with an easy way to understand and compare the energy efficiency and potential utility bill savings of each KB home. Based on EPG calculations, on average, KB homes are estimated to save their owners approximately $1,400 a year on energy bills compared to a typical resale home of similar size and location.

For more information on KB Home’s sustainability initiatives, visit https://www.kbhome.com/energy-efficient-homes or access KB Home’s annual Sustainability Report at https://www.kbhome.com/2016-sustainability-report.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United States, with more than 600,000 homes delivered since our founding in 1957. We operate in 35 markets in 7 states, primarily serving first-time and first move-up homebuyers, as well as active adults. We are differentiated in offering customers the ability to personalize what they value most in their home, from choosing their lot, floor plan, and exterior, to selecting design and décor choices in our KB Home Studios. In addition, we are an industry leader in sustainability, building innovative and highly energy- and water-efficient homes. We invite you to learn more about KB Home by visiting www.kbhome.com, calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome or Twitter.com/KBHome.

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