KB Home Recognized for Building Its 100,000th ENERGY STAR Certified Home

KB Home (NYSE: KBH) is pleased to announce that it reached the significant milestone of constructing its 100,000th ENERGY STAR certified home in 2016 and has received special recognition from the U.S. Environmental Protection Agency (EPA) for this pioneering accomplishment. An ENERGY STAR program participant since 2000, KB Home was the first homebuilder to commit to building only ENERGY STAR certified homes.

"KB Home's long-standing commitment to sustainability has been an important part of our values, and we plan to continue our industry leadership in this area," said Jeffrey Mezger, KB Home chairman, president, and chief executive officer. "We have found that what is good for the environment and our customers is also good for our business."

Collectively, these 100,000 ENERGY STAR-certified KB homes are estimated to save homeowners as much as $30 million on utility bills annually, while preventing greenhouse gas emissions equivalent to those from 36,000 passenger vehicles each year. Every ENERGY STAR-certified home must meet EPA's rigorous requirements for energy efficiency and undergo third-party testing and verification.

New KB homes that earn the ENERGY STAR label are up to 70% more efficient than typical existing homes today, meaningfully reducing energy use and costs, as well as providing important environmental benefits, over their life spans.

KB Home will be adding this distinction to an already impressive resume of accolades from the EPA's ENERGY STAR program. In 2016, the builder received its sixth consecutive Sustained Excellence award, its third Climate Communications award, and 17 ENERGY STAR Certified Homes Market Leader awards.

"KB Home has been setting a shining example for other homebuilders since your company first became an ENERGY STAR partner in 2000," wrote Gina McCarthy, Administrator of the U.S. Environmental Protection Agency, in a letter addressed to Jeffrey Mezger. "We value your partnership in environmental protection, and all of us wish you continued success."

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