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03/09/2009
Britons Would Pay More For A Green Home
Research released by the Energy Saving Trust reveals that a third of Britons are happy to speculate to accumulate when it comes to housebuying decisions.
Of those polled, a third (35%) said they would be willing to pay more for a home where some of their energy supply came from renewable resources such as wind, solar or hydropower.
Almost half of those surveyed (49%) said they would like to know if their home is suitable for renewable energy.
Philip Sellwood, Chief Executive of the Energy Saving Trust, said: "It seems Britons are willing to pay more for a home with a renewable energy source so investing in a solar panel or a wind turbine could add to the resale value of a property and could be as attractive to househunters as a new kitchen or solid wood floors."
Mr Sellwood added: "Forty-four per cent of carbon emissions are from the home, and with depleting fossil fuels, government are looking at ways to incentivise householders to install domestic renewable energy. Next year will see the introduction of feed in tariffs - where householders will receive a set payment for the electricity generated and exported."
The research also revealed that more half (53%) of Britons said that the price of renewable energy is putting them off investing in them but there are solutions to help lower the initial cost.
However there are grants available to help with the cost of some installations.
(CD/BMcc)
Of those polled, a third (35%) said they would be willing to pay more for a home where some of their energy supply came from renewable resources such as wind, solar or hydropower.
Almost half of those surveyed (49%) said they would like to know if their home is suitable for renewable energy.
Philip Sellwood, Chief Executive of the Energy Saving Trust, said: "It seems Britons are willing to pay more for a home with a renewable energy source so investing in a solar panel or a wind turbine could add to the resale value of a property and could be as attractive to househunters as a new kitchen or solid wood floors."
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Mr Sellwood added: "Forty-four per cent of carbon emissions are from the home, and with depleting fossil fuels, government are looking at ways to incentivise householders to install domestic renewable energy. Next year will see the introduction of feed in tariffs - where householders will receive a set payment for the electricity generated and exported."
The research also revealed that more half (53%) of Britons said that the price of renewable energy is putting them off investing in them but there are solutions to help lower the initial cost.
However there are grants available to help with the cost of some installations.
(CD/BMcc)
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