By Phoenix Business Journal

Meritage Homes Corp. is taking a green home concept it has expanded in Phoenix and Tucson and spreading it to Florida.

The Scottsdale-based Meritage (NYSE: MTH) opened its first green home community outside Arizona at Lake Todd Estates in Apopka, Fla.

The homes are similar to those under way in Arizona and promise to use 65 percent less energy than those built just a few years ago.

In addition to Lake Todd, Meritage is planning similar homes in Winter Garden, East Orlando, Windermere, Winter Springs and Oveido.

The rollout is planned to expand across its entire development line, Meritage officials said.

The homes in Florida will come with spray foam insulation, energy efficient windows and heating and cooling units and other features.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/phoenix/news/2011/01/29/meritage-takes-green-homes-to-florida.html?ana=thestreet
Copyright bizjournals.com 2010