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MODERN HOMES COULD CUT 55% FROM BILLS

MODERN HOMES COULD CUT 55% FROM BILLS (News (General))

by administrator @, Wednesday, May 16, 2012, 08:46

Living in today's new homes could create annual savings of around 55% on gas and electricity spending - that's over £1,300 in today's market, according to the NHBC Foundation and Zero Carbon Hub.

Following its UK-wide research project into consumer attitudes towards zero carbon homes, NHBC Foundation has worked with the Zero Carbon Hub to chart the energy savings that could potentially be achieved by living in different types of energy efficient new homes.

Comparing the indicative energy consumption of today's 'upgraded' Victorian homes against new homes built to 2010 requirements; it concludes the following annual savings could be made: a 4-bed detached new home could be 55% cheaper to run (saving £1,312); 3-bed end terrace could be 52% cheaper to run (saving £840); 3-bed mid terrace could be 46% cheaper to run (saving £642); and 1-bed ground floor flat could be 47% cheaper to run (saving £426).

And, looking to the future, annual savings could be around £1,875 (79%) in 2016, when further Government zero carbon home construction targets come into effect.

Neil Jefferson, Director at NHBC Foundation and Chief Executive of the Hub, said: "Household energy usage is still one of the biggest contributors to carbon emissions in the UK but the design of new homes means they are much more energy efficient than older housing stock.

"The NHBC Foundation's report looked at what people think about energy efficient homes, and what the influencing factors are in terms of deciding to live in one. One of the clear findings was that consumers need far more information about the cost savings they could make by living in an energy efficient home, before they will commit to living in one.

"The cost data we have produced, while not guaranteed, gives an indication of the kind of monetary savings that could be made in the long term. We believe this kind of data could be useful for people making the decision to buy a new home."

Encouragingly for the country's sustainability agenda, findings from NHBC Foundation's report also reveal that 70% of people think a home described as 'energy efficient' would be an attractive purchase4. This increased to 86% of 16-24 year olds. Some 69% of consumers - and 96% of younger people - also agreed that they would be willing to pay a premium for energy efficient homes.

Younger people also showed the greatest enthusiasm for renewable technologies in the home, with 60% of 16-24year olds saying they would be interested or very interested in buying or renting a home with renewable technologies such as photovoltaic (solar electric panels).

www.nhbc.co.uk


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