Green homes becoming cheaper to build
Posted on 1st September 2011
The Department for Communities and Local Government (DCLG) has reported that the costs linked with building a new energy efficient property are falling significantly.
These are the greener homes with low-carbon standards and conform to the international sustainability regulations, which are getting cheaper to construct every year.
Gordon Miller, Co-founder of Sustain Worldwide, commented: "Competition amongst manufacturers and suppliers of low carbon technologies and materials is driving down prices – this is already being seen in the solar PV market - and economies of scale, as volume procurement enables companies to purchase at cheaper rates".
The growing knowledge being learnt by home developers means that expensive research and development overheads are being needed less and less each year.
For a property to be built to Code level 3 standards, the average extra costs involved have dropped from £4,458 in 2008 to £1,128 in 2010. This is a reduction of almost three quarters in three years.