5 stars rating for new dwellings has already come into regulation in Tasmania this year and the industry is expecting the government may push it to the 6 stars level in 1 of May 2011.
The increase of the star rating is a positve move towards sustainable living for Australia especially considering Australian is ranked 13th highest nation in terms of their electricity consumption per capita. Technically speaking, the higher the star rating the less power it consumes to "heat and cool" the house. Most of the rating software compute the star rating by analysing the variety factors that will affect the overall heating and cooling for the house.
According to ABSA (Association of Building Sustainability Assessors), a 6 stars rating home will consume 24% less energy (for heating and cooling) a 5 stars home. So, if you are currently paying $2000 p.a just for heating and cooling, a 6 stars home wil save you approximately $480 p.a.
For a 7 stars home, you will save up to 45% in your heating and cooling comparing with a 5 Star home. That will be equate to approximately $900 p.a. Considering over the span of the house mortage of 30 years together with inflation and increase of power prices, household could save another staggering $62,000*!!
Contact us today to see how you can capitalised on this.
*Base upon annual inflation of 3% and electricty price increase at 2% with $900 savings each year.
