New build homes save you an average of £2,200 on annual energy bills

Did you know that new build houses can save you an average of £2,200 on energy bills per year. Find out how choosing a Story home over a second-hand house could improve energy efficiency and have a positive impact on your bills.

Cheaper energy bills

The trade association representing private sector housebuilders in England and Wales, the Home Builders Federation (HBF), reported that a new build home could save you an average of £2,200 per year on energy bills compared to a second-hand house, a saving of around £184 per month. That’s money you can add to your savings or spend on the things you love.

To give you an idea of savings to date, the HBF recorded that annually, the average new build property cost £1,318 in energy bills compared to an average older property at nearly £3,000 per year.

How efficient are new builds?

Up to July 2023, HBF reported that 85% of new build homes were given an A-B Energy Performance Certificate (EPC) rating for energy efficiency. In comparison, under 5% of older existing properties were awarded the same rating.

Some of the energy efficient features in a Story home are shown in the table below:

Long term benefits

With a new build you can expect low maintenance costs, fewer repairs and there’s no renovation required, potentially saving you thousands.

Making greener choices and being environmentally conscious is more important than ever. HBF reported that new build homes emit just 1.39 tonnes of carbon a year, compared to the 3.53 tonnes that older properties emit.

Plus, our developments are built to last with more green spaces, wider paths and we’re committed to improving community areas to create a luxurious way of living that doesn’t end once you step outside of your home. We also work in an environmentally friendly way with sustainable urban drainage systems and recycling across our sites and offices.

Ways to reduce your energy bills

There are a few top tips to help reduce your energy consumption and ensure your home is energy efficient. Find out what they are here.

Want to find out more about choosing a Story home?

A Story home offers higher quality living at a lower cost, with a host of other benefits too, like being lower maintenance and having modern design features such as bi-fold doors and kitchen islands.

Read more about our specification that’s anything but standard or start your journey to a beautiful new Story home by visiting our development pages and booking an appointment.

Sources:

HBF energy report – Watt a Save
Money Saving Expert
Which?
United Utilities

Prices are based on Ofgem’s price cap for January 2024, using Government’s EPC registrations data of new and existing properties in the year to 30 December 2023. The prices may not be representative of all Story homes dwellings nor of an individual’s energy usage and tariffs.