What Impact Will BER Have on Irish Householders?
It is Estimated by SEI the Directive will impact on an average of 170,000 sale or rental transactions per year. BERs will mean that anyone buying a house will be able to check the energy performance of the house and get an indication of the annual running costs. Therefore, allowing people to take energy costs into consideration when making purchasing decisions. BERs will allow house hunters to compare the energy performance of two
different houses on an equal scale. The advisory report that Brennan Energy Assessors produce to accompany a BER Certificate will provide information to homeowners on how to improve the energy performance of their property and thereby its comfort and affordability, and enhancing its value and sustainability. SEI expects that BER will ultimately improve energy awareness in the property market both for home buyers and developers and this awareness can be expected over time to place a somewhat higher value on more energy efficient properties, and by implication to encourage/ provoke owners of less energy efficient properties to take steps to upgrade them.
What Impact Will BERs Have on Owners Selling or Renting a Dwelling?
The regulations apply to new dwellings for which planning permission was applied for on or after 1st January 2007 and to Existing Buildings (dwellings and other buildings) when offered for sale or letting on or after 1st January 2009. A person wishing to sell or rent a house will be required to get an energy rating carried out and to provide prospective buyers or tenants with this information. This will increase awareness of energy performance as a
factor in the property market. Those with better rated homes i.e. more energy efficient homes will be motivated to highlight this as a positive selling point while those with poorer rated homes may be motivated to upgrade their homes as set out in the advisory report. It is expected that investments in the energy performance of homes will benefit building owners and users in terms of improved comfort, lower energy running costs and possibly
higher property values. Over time it can be expected to contribute to a change in market behaviour, which will ultimately improve the energy efficiency of the national housing stock and collectively, over time, these market activities could result in an environmental protection benefit in terms of a reduction in CO2 emissions from Ireland’s
national building stock.
It is Estimated by SEI the Directive will impact on an average of 170,000 sale or rental transactions per year. BERs will mean that anyone buying a house will be able to check the energy performance of the house and get an indication of the annual running costs. Therefore, allowing people to take energy costs into consideration when making purchasing decisions. BERs will allow house hunters to compare the energy performance of two
different houses on an equal scale. The advisory report that Brennan Energy Assessors produce to accompany a BER Certificate will provide information to homeowners on how to improve the energy performance of their property and thereby its comfort and affordability, and enhancing its value and sustainability. SEI expects that BER will ultimately improve energy awareness in the property market both for home buyers and developers and this awareness can be expected over time to place a somewhat higher value on more energy efficient properties, and by implication to encourage/ provoke owners of less energy efficient properties to take steps to upgrade them.
What Impact Will BERs Have on Owners Selling or Renting a Dwelling?
The regulations apply to new dwellings for which planning permission was applied for on or after 1st January 2007 and to Existing Buildings (dwellings and other buildings) when offered for sale or letting on or after 1st January 2009. A person wishing to sell or rent a house will be required to get an energy rating carried out and to provide prospective buyers or tenants with this information. This will increase awareness of energy performance as a
factor in the property market. Those with better rated homes i.e. more energy efficient homes will be motivated to highlight this as a positive selling point while those with poorer rated homes may be motivated to upgrade their homes as set out in the advisory report. It is expected that investments in the energy performance of homes will benefit building owners and users in terms of improved comfort, lower energy running costs and possibly
higher property values. Over time it can be expected to contribute to a change in market behaviour, which will ultimately improve the energy efficiency of the national housing stock and collectively, over time, these market activities could result in an environmental protection benefit in terms of a reduction in CO2 emissions from Ireland’s
national building stock.
BER Impact