Save money with an Energy Audit
- Electricity costs will rise by 40% over the coming years due to carbon reduction programs.
- Have your home, office, showroom or building of any type audited by the Energy Efficiency Centre’s expert staff.
- Learn how to save energy costs with the lowest investment possible.
- Save up to 50% on heating and cooling costs.
- Save up to 70% on lighting costs.
- Save up to 90% on standby power costs.
- Our staff will inspect your building and show you how to save money.
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September 23, 2010
Power bills will double within five years as electricity prices surge and consumers splurge on energy-guzzling gadgets...
Read full articleWhat is Energy Efficiency Rating?
Energy Efficiency Rating is a rating used to identify the energy efficiency of houses.
Houses can achieve 0 to 6 stars in the rating scheme. Houses with a higher Energy Efficiency Rating are more cost and energy-efficient.
Energy Rating vs House Running Cost
| Star Rating | 10-year running cost* | Annual running cost* |
| 0 | $19,000+ | $1,900+ |
 |
$15,000 | $1,500 |
|
|
$11,000 | $1,100 |
|
|
$9,000 | $900 |
|
|
$7,100 | $710 |
|
|
$5,600 | $560 |
|
|
< $4,400 | < $440 |
*The cost estimates are based on the following...
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- Winter: gas central heating to 21°C from 7am to 12 midnight
- Summer: air conditioning to 25°C throughout the house
- Occupants will adjust their blinds and curtains to minimise energy use
- Windows and doors are shut during heating and cooling
- The heater and cooler have the same energy star-rating as the house
Mandatory Energy Rating is coming to South Australia
All buildings, commercial and domestic will have to be rated under new Federal Laws being introduced soon. Prior to a building being offered for sale it will be required to have show its Star Rating.
The Star Rating will show how energy efficient the building is, allowing the potential purchaser to make an informed purchasing decision. As energy prices rapidly increase over the next few years the energy efficiency, or running costs of a building will become extremely important in the purchasing decision. Building owners can turn this to their advantage by investing in energy efficient products that increase the Star Rating and add measurable value to a building.
A small investment will return a large profit
Simple improvements to a building such as:
- Topping up the ceiling insulation to R4.l can increase the star rating on your property by 1 star
- For every 1 star increase, it increases the average property value by 3%
- This is an increase of $15,000 on a home valued at $500,000
- Meaning an investment of approximately $1,800 for R4.l insulation in an average home, with a Return On Investment (ROI) of $15,000
- Saves you up to $500 every year on heating and cooling costs
- Also produces a profit of $13,200 when you sell the property
One star increases the value of your home by 3%
The table shows how much each increase in Star Rating increases the value of a $500,000 home.
Money invested in energy efficient products pays back at a rate of up to 4 to 1 on your property value. For example, for every $1,000 you invest in ceiling insulation, your property will increase in value by up to $4,500. This is because the home is cheaper to run due to less heating and cooling being required.
| Star Rating | House Price ($) | Increased value * |
| 0 | $500,000 | N/A |
|
|
$515,000 | $15,000 or 3% |
|
|
$530,000 | $30,100 or 6% |
|
|
$545,000 | $45,000 or 9% |
|
|
$560,000 | $60,000 0r 12% |
|
|
$575,000 | $75,000 or 15% |
|
|
$590,000 | $90,000 or 18% |
*The estimates are based on the statistical report, conducted by the Department of the Environment, Water, Heritage and the Arts (DEWHA).
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