How Buying New Can Reduce Your Bills
With the increasing costs of energy bills, many people are finding ways to cut down on their expenses. But did you know that your home itself may be a big factor in how much your energy bills are costing?
Studies show that new homes have significantly lower bills on average than their older counterparts.[1]
Since the 54% energy price increase, people living in existing homes are paying an average of £1,457 a year for their energy. Meanwhile, those living in new homes have seen half as much of an increase and are paying only £713 a year.
So, why are new-builds so much cheaper to run than existing homes?
Older homes usually feature outdated insulation and technology, preventing them from retaining heat and increasing your fuel usage. New homes, such as those built by Rippon Homes, feature double-glazed windows, improved air tightness, high quality insulation, highly efficient boilers, and water saving systems.
While older buildings inevitably suffer from wear and tear, the technology and materials in new-builds are up-to-date, making them more energy efficient. On average, it costs £38,000 – £74,000 to renovate a three-bedroom house.[2] A new home requires no renovation and will help the buyer to save on energy bills from day one.
Rippon Homes is already dedicated to reducing fuel usage in our properties: we have partnered with technology company Etopia Group to deliver energy-efficient homes with the aim of Net Zero carbon. In fact, if homeowners opt to install solar panels, the property will be energy positive with a potential EPC rating of 104.
The Powered by Etopia (PBE) system is being implemented at Rippon Homes’ Marquis Gardens development in Old Dalby, Leicestershire and involves the Etopia Group providing pre-manufactured panels to site that will form a home’s structure.
While this particular system is so far being used on one site, Rippon Homes work hard to ensure all our properties are energy efficient, not only reducing our impact on the planet, but also saving money for our homeowners.
[1] Are New Builds Efficient At Reducing Energy Costs? – Business Leader News
New homes boast of energy efficiency as price hike lo… (estateagenttoday.co.uk)