Latest re Home Environmental star Rating Ideas!
February 15, 2010 by Tim
Filed under environmental features, Practical Renovation, property market, Renovating
The recent upcoming C.O.A.G., Council of Australian Government report will be introducing mandatory Environmental ratings for all homes for Sale or Let , both new and second hand homes. Every home on the market, will require an Environmental assessment report. This system has been operating for many years in ACT and Queensland. It will rate the home for features like, Windows shades, Swimming pool, Air conditioning, Rainwater tanks,Wall and roof insulation, Grey water system, Window orientation,and heating system. These factors influence the energy efficiency of the home.
One way to is to think of it, as similar to the Energy Star ratings on electrical goods. These reports will cost between $150 and $500. It is expected that buyers and renters will be valuing homes for their Energy efficiency and comfort in the future. The system has been in place for new homes for a while, currently rated at 5 Stars, but to move gradually to 7 Stars. Contrast this to the United Kingdom, currently rating new homes at ten Stars. I anticipate these reports will be popular as, I expect energy, particularly electricity prices to go through the the roof !!! In Victoria we are just becoming aware of the deregulated electricity prices. The OECD are recommending total deregulation across all the Australian states,(sic) just what we need from Meddling European bureaucrats.!!
Mainly, to pay for dubious Desalination plants and CPRS Carbon taxes. While the Desalination plants are cheap to build, they are very energy intensive, read expensive to run.
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