Incentives for sprinkler installations in new U.S. homes are becoming increasingly common due to building codes and ordinances, and in recognition of the life safety benefits these systems provide. That’s according to “Incentives for the Use of Residential Fire Sprinkler Systems in the U.S.,” an October 2010 study released by the Fire Protection Research Foundation, an affiliate of the National Fire Protection Association (NFPA). The report – which is the second part to a study released in 2008 that looked at the costs associated with home fire sprinklers – underscores the considerable influence incentives can have on building costs and the overall cost of a sprinkler system.
- A representative selection of builder-oriented incentives could offset approximately one-third of the cost of a sprinkler system for a new home. Examples of builder-oriented incentives included reduced or waived fees and reduced fire ratings for building assemblies.
- Incentives expected to accrue to builders were found to have the largest estimated value, totaling $1,949 per building lot; developer-oriented incentives were estimated to offer a value of $1,271/lot. Incentives relating to homeowners were lower, with a total first-year value of $145/lot.
- Each of the homeowner-oriented incentives (e.g. reduced property taxes) was found to have recurring benefits. When valuing these incentives over long-term, they compare more favorably to the values for builders and developers.