Third of Britons willing to pay more for cheap energy home - 03/09/2009
More than a third of Britons would be willing to pay more for a home that tackles energy supplier prices through the use of renewable resources.
New figures from the Energy Saving Trust (EST) show that half of those surveyed are trying to find out whether they can fit microgeneration equipment in their current home, although a similar number say they are discouraged by the high cost of installation, reports Fair Home.
Homeowners could bear in mind that a move to switch energy resources and invest in equipment such as solar panels or hydro-power could also increase the value of the property.
Philip Sellwood, chief executive of the EST, told the website: "[House-hunters] 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."
Government grants are available for many vulnerable homes to help install microgeneration equipment or other measures such as insulation to improve domestic efficiency.
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