Property with renewables ‘worth more’

A significant number of potential house buyers in the UK claim they would be prepared to pay more for a home fitted with renewable energy.

Half of those quizzed claimed they would want to know in advance if a property was suitable for installing micro-renewables.

These are the headline results of a survey conducted by the consumer-facing advisory organisation the Energy Saving Trust.

The government-funded organisation claims that this shows that growing environmental awareness and changes to people’s income are affecting their priorities.

Philip Sellwood, chief executive of the EST, 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 house hunters as a new kitchen or solid wood floors.”

“Twenty-six 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.”

Sam Bond

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