Considering the cost of running a home when buying or selling

From January 2010, anyone selling a home in Queensland must provide the buyer with a sustainability declaration, which specifies the sustainability features incorporated in the dwelling. The two page document is designed to be completed by the seller and spells out the probable dollar savings of certain features.

For example, a 1kW solar power system is listed as saving $273 a year or 21 per cent of the average electricity bill. A solar hot water system is listed as saving $346 a year and a heat pump $263 a year. Of course, the actual savings depend on the habits of the people in the household. Some frugal people with a 1kW solar power system never pay electricity bills.

The more sustainability features, the cheaper the home is to run, and the lower its carbon footprint, which makes it a more attractive proposition to the prospective buyer.

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