The cost of living is ever increasing, and many households are struggling with their monthly bills. Energy prices in particular have soared and are the hot topic in the news. Everyone is looking for ways to reduce bills, for many they have no option but to wear extra layers of clothing in the house and limit the time the heating will be on. With Autumn having arrived and winter following shortly after the general consensus is one of worry and apprehension at the impending increase.
Mandale Homes proudly comply with modern building regulations, providing energy efficient homes that benefit not only the environment but our home-buyers running costs too. Here at Mandale we use modern heat-loss-prevention technologies such as roof insulation, double glazing, energy efficient boilers and water-saving systems. We also only fit A rated energy efficient appliances and lightbulbs in our homes. Furthermore, on some select developments we often integrate renewable energy such as solar panels, energy storage solutions and air source heat pumps.
According to the HBF new build homes tend to carry much higher EPC ratings than existing dwellings. For the dwellings logged in the 12 months to September 2021, around 84% of new builds are rated A-B for energy efficiency, while just 3% of existing properties reached the same standard.
What does this mean for your bills?
The more energy efficient your property is the lower your household bills will be. The HBF found heating bills are on average £666 per dwelling per year. For new build homes, heating bills were 59% cheaper, costing an average of £271 over the 12 months and totalling a saving of £395.
In total the yearly bills for owners of older properties was £890, almost twice as much as the annual bill for a new homeowner which was £455.
The HBF report was compiled in March 2022, since then we have suffered further increases and energy caps have come into effect to help with the cost-of-living crisis however the facts remain, new build homes reduce household bills significantly and investing in new build has become even more attractive to buyers as they consider financial implications and reducing carbon emissions.