New HBF report finds that buyers of new homes save money on energy bills

New HBF report finds that buyers of new homes save money on energy bills

The Home Builders Federation (HBF) has published research which finds that owners of new homes will save an average of £135 on monthly running costs under Ofgem’s new price cap.

The average energy bill saving increases to 64% when comparing new houses with older counterparts, making average monthly running costs £183 cheaper - an annual saving of £2,200.

The report also finds that:

• 85% of new build houses had an A or B (EPC) rating; while less than 4% of existing dwellings reached the same energy efficiency standard.
• New build properties require significantly less energy use, at approximately 105 kWh per m2 each year, as compared to older properties which require an average of 252kWh per m2.
• Average new build properties emit 2.2 tonnes of carbon less than older properties each year

All Nicholas King homes come with electric car charging points, an excellent standard of insulation and carry an energy efficiency rating of A or B just to name a few of the energy saving benefits buying new.

As a leading Buckinghamshire property developer, we have a selection of new build developments, showcasing a range of new homes in Surrey including houses for sale in Ripley, Cranleigh new homes, and Camberley new homes. 

Alternatively, our Berkshire developments offer an array of new builds in Windsor. 

View the homes available at our Surrey & Berkshire developments from £350,000