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The time is right to renovate
Written by: Libe ChacosArticle Overview: Renovating has always had advantages over building or buying new: Stay in a neighbourhood that you like Save on relocation costs Save on agents fees for selling your existing place
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The time is right to renovate
Because of new technologies and improvements in design and construction it has also never been easier to renovate, or even make minor modifications to your home that provide real benefits.
One of the advantages in renovating today is how easy it is to make your home much more comfortable, much more energy efficient and sustainable – and do so in a way that is healthy for your bottom line.
Banks see the value of energy efficient homes and a number of them will even reduce your interest rates if they meet some simple criteria such as solar hot water, and double glazing.
An example of this is Bendigo bank’s Generation Green home loan
To qualify for their reduced rate your renovation simply needs to include two of the following:
Double glazing, solar hot water, or 2500 litre water tanks
Or your home can have photovoltaics or a grey water system.
If you have thought about renovating, the time has never been better to be rewarded for creating a green home. We all want our home to remain a valuable asset. And now with the right knowledge you can turn your home into the ultimate ethical investment.
The good news is that its not just you that wants your home renovation to be a huge success and be highly energy efficient and sustainable.
Leaders in the Australian green building sector are promoting a cap-and-trade scheme for building energy efficiency to supplement greenhouse gas trading.
Maria Atkinson, global head of sustainability for property giant Lend Lease, and Che Wall, group director at Lincolne Scott consulting engineers and former head of the World Green Building Council, are behind a plan, which they hope will overcome limitations in current emissions-trading schemes.
They hope to create an incentive for achieving dramatic energy savings through fundamental building improvements. They argue that under current emissions cap-and-trade systems only incremental improvements are considered because of the strict rules governing those programs. Even those improvements often fall prey to the split-incentive problem, in which the entity responsible for making the investment is not the party that would reap the savings.
An advantage that you have over companies like Lend Lease is that you can cut through all the red tape and create a highly efficient sustainable home that is comfortable very easily.
Isnt it time to turn your home into the ultimate ethical investment and your personal oasis?
Article Tags: bendigo bank, building energy, consulting engineers, dramatic energy savings, emissions trading, energy efficiency, energy efficient homes, ethical investment, global head, greenhouse gas trading, grey water system, group director, home renovation, incremental improvements, lend lease, lincolne scott, right knowledge, solar hot water, strict rules, water tanks
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About the Author: Libe Chacos RSS for Libe's articles - Visit Libe's website Over the past 20 years, Libe Chacos has worked his way to being a recognized authority on energy efficient, healthy and sustainable homes. Through Sunrise Homes, which can be found on the web at www.sunrisehomes.net.au , Libe has developed Tasmania’s First Certified GreenSmart home and produced The Green Home Guide and The Guide To Super Energy Efficient Housing. Enjoy creating a better place to live! Click here to visit Libe's website Passive Solar or Energy Efficient Homes Create your own masterpiece All skylights arent created equal The time is right to renovate How many people does it take to change a light bulb |
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