Making your home more energy efficient is not only a smart way to reduce your utility bills, but it can also significantly boost your property’s value if you decide to put it on the market.
Energy efficient homes are becoming increasingly popular with buyers, and the first step to unlocking your property’s green credentials is to look at your home energy performance certificate (EPC).
EPC explained
The EPC rating is a measure of how energy efficient a property is, ranging from A (most efficient) to G (least efficient). The certificate provides a snapshot of a home’s energy use and typical energy costs, as well as recommendations for improvements that could help make the property more efficient.
An EPC is required whenever a property is built, sold, or rented and it’s becoming a critical consideration for buyers. In a market where environmental awareness is on the rise, a good EPC rating can set your home apart from the competition, potentially leading to a quicker sale and even a higher selling price.
Why an energy efficient home could be worth more
Improving your home’s energy efficiency can have a direct impact on its market value. This is because an energy efficient home is viewed as a better long-term investment. Buyers are increasingly willing to pay more for properties that are cheaper to run as they could save money in the long run.
Additionally, government incentives and regulations are likely to make energy efficiency even more critical in the future. By upgrading your home now, you’re not only making it more attractive to today’s buyers but also future-proofing your property.
How to make your home more energy efficient
There are several ways to improve your home’s energy efficiency, many of which can lead to a higher EPC rating and even increased value. Here are some key areas to consider:
Insulation
Good quality insulation in your walls, roof and floors can drastically reduce heat loss, making your home warmer in winter and keeping it cooler in summer.
Windows and doors
Upgrading your windows with double or triple glazing and installing energy efficient doors can prevent draughts and heat loss, leading to a more comfortable home and lower energy bills.
Heating systems
Replacing an old boiler with a new, energy efficient model can improve your home’s EPC rating. You could also add a programmable thermostat and smart controls to further boost efficiency.
Renewable energy sources
Installing solar panels, a heat pump or other renewable energy systems can not only improve your EPC rating in the short-term but also reduce your reliance on traditional energy sources, cutting costs in the long run.
Lighting
Switching to LED bulbs throughout your home is a simple and cost-effective way to improve energy efficiency. This is because LEDs use significantly less energy than traditional bulbs and have a longer lifespan.
For a free valuation and advice on how you might be able to add value to your property, talk to the property experts at Carter & May today.