Th3 Core

Why We Are Here => Water Cooler => Topic started by: rcjordan on June 20, 2022, 02:03:58 PM

Title: UK: Net-zero rules set to send cost of new homes and extensions soaring
Post by: rcjordan on June 20, 2022, 02:03:58 PM

https://www.theguardian.com/money/2022/jun/20/net-zero-rules-set-to-send-cost-of-new-homes-and-extensions-soaring
Title: Re: UK: Net-zero rules set to send cost of new homes and extensions soaring
Post by: buckworks on June 20, 2022, 02:29:16 PM
For years in Canada we've already been building to standards like these, and more. Better insulation and tighter construction cost more up front but are cost-effective by reducing energy costs over time. The higher energy costs go, the more significant the saving.

Some financial institutions allow a higher mortgage payment for super-insulated houses because they know the household's utility bills will be less than average.

One financial advisor I know says that rather than investing in stocks, bonds, etc., many households would get a higher return on investment (tax-free, no less) by putting more insulation into their attics. Only after you've done everything you can to make your home more energy-efficient should you start "regular" investing.
Title: Re: UK: Net-zero rules set to send cost of new homes and extensions soaring
Post by: rcjordan on June 20, 2022, 02:47:29 PM
>many households would get a higher return on investment (tax-free, no less) by...

Same for low-end EVs for some commuters.  My back-of-a-napkin calculation using a cheap Bolt is >10% for my daughter in Charleston SC with a slow, bumper-to-bumper commute.