Landlords could charge more for cheap business energy offices - 03/04/2009
If the impact of price rises from energy suppliers is being reduced through efficiency measures, commercial landlords could charge higher rental premiums, according to a new study.
Research from the Royal Institution of Chartered Surveyors (Rics) looking at American properties reveals that UK tenants could face higher rents for living in more energy-efficient properties.
This could encourage more landlords to invest in energy-efficient measures, such as installing cavity wall and loft insulation and making sure windows are double-glazed.
Simon Rubinsohn, chief economist at Rics, said: "By proving that green buildings are economically beneficial due to the savings they can make and the higher rental yields they attract, non-green buildings will eventually become an outdated model."
The government has backed widespread energy efficiency as the best way to tackle high prices from energy companies, while also reducing the UK's carbon footprint.
A campaign recently launched by the Carbon Trust aims to save UK business £1 million a day through energy efficiency.
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