New research has found that while Net Zero Energy Home housing developments are achievable and affordable, the market is slow to pick up on easy opportunities for improved energy efficiency and thermal comfort.
Funded by the CRC for Low Carbon Living and led by Curtin University’s Dr Josh Byrne, research found that the average cost for Net Zero Energy Homes in Melbourne, Townsville, Canberra and Perth housing developments were only between 6-11% higher than the standard, yet offered approximately 88% annual energy cost savings.
The research also emphasised that while industry currently demands building code changes to improve regulation, quality and safety, sustainable design must be included to meet the sector’s net zero emissions target by 2050.
Research indicated that NZE Homes are often still viewed as a niche market and that many consumers still believe NZE Homes to attract higher upfront costs. This is despite the Net Zero Energy Home costing only about $20,000 (6-11%) more than a standard comparable home, with annual energy savings paying back this difference in around ten years.
More information here