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Just one in 10 people currently consider the energy efficiency rating of a property important when moving house with parking and local amenities considered more important, a new research poll has found. This is despite a poor rating potentially resulting in wasting thousands of pounds worth of energy per year, according to the study from construction and regeneration company, Keepmoat. The energy efficiency rating of a home is found on the Energy Performance Certificate (EPC) that is required whenever a property is bought, sold or rented. EPCs not only rate properties between A and G but also include information on how much energy a property uses, typical energy costs and how to reduce energy usage. Among the factors considered more important than a good energy efficiency rating were being close to local amenities for 35.9%, parking for 30%, good transport links for 35.9% and green space for 26%. The only factor on the poll considered less important was investment potential mentioned by 10%. The results suggest that awareness of the importance of energy efficiency is low across all regions of the UK, however, Nottingham was home to the highest percentage of respondents who considered a good rating a priority when moving house at 16%. While people in Edinburgh were least likely to rank energy efficiency as a priority at 4%. ‘For many households, energy bills are one of the biggest expenses and understanding much energy a new house or flat will use, as well as what they can do to reduce these bills, can go a long way to reducing their outgoings,’ said Nigel Banks, sustainability director at Keepmoat. ‘However, the results of our survey clearly show many people are not prioritising the energy efficiency rating of a property when moving home and this could well be a decision they regret when they get their first winter energy bills. People should try and consider the total cost of living in home, including mortgage repayments or rents as well as bills,’ he added out. He also pointed out that buying a new home can also mean a huge reduction in household bills as they are generally six times more energy efficient than older homes. He said that living in a new home can reduce gas and electricity bills by more than £500 per year. Continue reading →
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