A new home could save you money on bills
WITH energy bills on the rise again, hard-pressed home-owners might want to consider the benefits of buying new after research by Miller Homes revealed that households in the East Midlands could save almost £300 each year on their energy bills.
As energy prices soar to a predicted four times the rate of inflation, households across the East Midlands will certainly be feeling the pinch this winter. However, research conducted by leading house builder Miller Homes has found that a new home can substantially reduce energy bills by almost £300 per year.
This figure rises considerably when directly comparing a newly-built five-bedroom Miller house with one built in the Victorian era and one built in the 1960s.
The research found that energy savings amounted to just over £3,000 on the 1900s home and just over £2,500 compared to the 1960s property.
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The results also took into consideration build materials of the time, and typical energy usages including lighting, cooking and heating.
"With energy prices on the increase again we all know how difficult it can make the winter months," said Paul Walters, associate director at Miller Homes East Midlands. "We are pleased to hear the Government is looking into measures to simplify the multitude of complex tariffs and help households understand their energy bills and usage.
"However, I would also urge home owners in older properties to ensure their home is as efficient as it could be wherever possible by replacing any draughty windows, installing loft and cavity wall insulation and making sure radiators have thermostatic valves on them. But for those in the market to move, the efficiency figures of new homes speak for themselves."
The house builder, which constructs its homes to a level which offers greater efficiencies and economies from an energy perspective, is launching a new initiative to inform buyers how its homes could save them money.
Paul added: "Show homes at our forthcoming developments in the region will soon be displayed with details of how and where we have built and installed energy and water efficiency into each and every one of our properties."