Halve your fuel bill by buying a new home
2:26pm Thursday 30th August 2012
Those buying a new home could halve their fuel bills.
That’s according to the NHBC Foundation (New Homes Marketing Board) and Zero Carbon Hub, which has compared the fuel bills between a modernised Victorian home and a new home built to current regulations.
The organisations have calculated the potential annual savings that could come from living in a different type of energy efficient home, (2010 standards), and compared these with the upgraded Victorian home. They say a four bedroom, detached new home could be 55 per cent cheaper to run meaning a saving of £1,312. A one bedroom ground floor flat could save 47 per cent on bills – £426.
Homes built from 2016 could reduce bills by 79 per cent a reduction of £1,865.
“We have always been aware of the energy savings which can be made living in a brand new property,” says Jo Richards, marketing and corporate manager at Hillreed Homes, independent developers for more than 35 years.
“Legislation over the years coupled with development in the knowledge of what is needed to provide warm, draught-free homes run by efficient boilers, has steadily improved the capacity of homes to hold their heat, thereby reducing carbon footprint and high fuel bills.”
Neil Jefferson, NHBC Foundation’s director and Zero Carbon Hub’s chief executive, said: “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.”