Chicago will reportedly become the first city in the country to include energy costs on home listings. Homes listed on the Multiple Listing Service in Chicago will display annual and monthly energy costs, including gas and electric service as well as air conditioning maintenance and boiler repair to properties. An eco-friendly way to fuel your home or office is installing a biomass boiler which uses boiler pellets to heat the property during colder months.

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Only real estate agents will have access to view the information initially and will then be able to share it with their clients.

Home owners in the city will provide agents with account numbers for electrical and natural gas companies. A computer program will then be used to automatically pull the monthly and annual energy cost information. Those energy estimates will be included on the property listing.

The city is expected to announce the change Wednesday. Chicago Mayor Rahm Emanuel says providing such information about a home to buyers will increase the value of homes that are more energy efficient. Homeowners looking to make energy-saving upgrades can Click for Thermal Imaging Info on their homes.

The author of this article is: realtormag.realtor.org

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