After a decade of striving to significantly reduce its energy usage and investing more than £7.5 million in efficiency projects, Manchester airport has become the first carbon neutral airport in the UK. By installing more than 25,000 low energy LED lights throughout the airport, including the first on any UK runway, and saving the same amount of energy as used by 10,000 homes each year, Manchester airport has been awarded carbon neutral status (Level 3+), certified by the independent carbon management programme Airport Carbon Accreditation. And now this sentiment of protecting the local environment through energy efficiency is emerging as essential within the UK property market, and more importantly to its investors. New legislation, due to take effect from 1st April 2018, will make it unlawful to rent a property with a poor energy efficiency rating. With properties currently graded from A to G, any property rented out in the private rental sector will require a minimum energy performance rating of E on an Energy Performance Certificate (EPC). However, there are opportunities arising within Manchester city centre that provide energy efficient solutions to investors, making the impending legislation a redundant worry. Property consultancy Surrenden Invest’s most recent development in the heart of Manchester, Mason Street, uses modern low-carbon technology to ensure the building is one of the city’s most energy-efficient.
AB Property Marketing 11th Jan 2017 read more »
A FLAGSHIP policy designed to help eradicate fuel poverty by boosting the energy efficiency of homes has failed, according to a Glasgow study – with some households left feeling even poorer. Researchers found “no evidence” that taxpayer-funded housing improvements, such as external cladding or fitting new and replacement boilers, had made it easier for the occupants to pay their gas and electricity bills. In one group, householders actually reported struggling to pay their heating bills even more after a central heating system was installed. The study compared 1,033 households in deprived communities whose properties had undergone heating and fabric works courtesy of Glasgow Housing Association between 2006 and 2011 against a control group who never received any of the upgrades. It found that households which received central heating between 2008 and 2011 “were more likely to report an increased frequency of difficulty paying fuel bills than those who did not”. The researchers suggest this is because occupants “used their heating differently afterwards” and needed advice on how to use it more efficiently.
Herald 13th Jan 2017 read more »