Energy Efficiency

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New apartment, lower utility bills

Nowadays, the energy consumption of an apartment is one of the most important aspects of choosing a property, because of the utility bills – more specifically, the price of electricity and gas – are getting higher. Therefore, it is particularly important to find an energy-efficient home that can be heated and cooled for a lower fee, whether you are looking for your own home or considering buying an apartment or an investment.

A modern home can cut your energy bills by a third

Like household appliances, the energy consumption of apartments is indicated by the letters of the alphabet.

It is worth knowing about the energy classification of buildings and apartments, and the expected costs:

The higher the rating, the lower the energy demand (AA – low consumption, FF – high consumption).
The energy demand of a modern BB-rated home can be up to a third of an average FF-rated home’s.
Even younger apartments, up to 10 years old, waste much more energy than newer ones.
Homes that have above-average energy consumption, and are therefore billed at a higher tariff than the current household price cap, have even higher energy costs.
In the future, the current household energy price cap might be lowered or even abolished, causing further uncertainty for consumers.

A sustainable home is a long-term investment

New-build property is also an excellent investment opportunity because of its permanent and predictably low utility cost. Additionally, it can also be sold easier, quicker, and above all, at a higher price point in comparison to older homes with lower certification ratings. Energy efficiency is also an important consideration when buying a property as an investment, since tenants are becoming more conscious of their choices. Therefore, homes with lower energy bills are easier to rent out and usually have a higher rental value.