IEA_Radon_Reporter_January_2024r

INDUSTRY NEWS 7% 5% 10% 14% 34% 28% 2% 0% 10% 20% 30% 40% 50% $3001 - $3500 $3501 or more $2501 - $3000 $2001 - $2500 $1501 - $2000 $1001 - $1500 $1000 or less 50% 40% 30% 20% 10% 0 $1000 or less $1001- $1500 $1501- $2000 $2001- $2500 $2501- $3000 $3001- $5500 $3501 or more 2022 2023 23% 7% 12% 18% 18% 19% 4% 0% 10% 20% 30% 40% 50% $3001 - $3500 $3501 or more $2501 - $3000 $2001 - $2500 $1501 - $2000 $1001 - $1500 $1000 or less 50% 40% 30% 20% 10% 0 $1000 or less $1001- $1500 $1501- $2000 $2001- $2500 $2501- $3000 $3001- $5500 $3501 or more 2022 2023 MITIGATION COST: SINGLE-FAMILY MITIGATION COST: SINGLE-FAMILY MITIGATION COST: MULTIFAMILY PER UNIT MITIGATION COST: MULTIFAMILY PER UNIT Mitigation Cost. The survey also asked about the typical amount the respondent’s business charged for soil gas mitigation services in 2023. While 22% charge $2501 or more for single family mitigation services, 14% charge $2001-2500, 34% charge $1501-2000, 28% charge $1001-1500, and 2% charge $1000 or less. For multifamily per unit mitigation services, 23% charge $3501 or more services, and 19% charge $2501-3500, 18% charge $2001-2500, 18% charge $1501-2000, 19% charge $1001-1500, and 4% charge $1000 or less. Trends in Mitigation Cost. The association compared mitigation costs reported for 2022 and 2023. For both single family and multifamily, the percentage of businesses in the lower cost ranges is shifting down. LET'S IMPROVE THE AIR WE BREATHE,TOGETHER. RADON FANS VAPOR INTRUSION TESTING PRODUCTS PROFESSIONAL TRAINING 800-767-3703 | radonaway.com RADONAWAY MOBILE APP Download to receive product notifications and exclusive offers.