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The changing effects on domestic energy expenditure from housing characteristics and the recent rapid energy price movements
Posted on: 21 May 2012
By: mackene
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Filed under: News
The RICS has published a report which examines how dwelling types and lifestyles can affect energy expenditure. It reveals that those renting in the private sector pay on average £31 more every year than homeowners and £90 more than tenants living in social housing. Those who own their own property are more likely to effectively insulate and modernise heating facilities than private landlords, and consequentially see a direct impact on their energy use and spend. However, a lack of incentives for private landlords to insulate their rental properties and update heating equipment is thought to result in higher bills for their tenants.
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