The EnergyFit Homes Initiative is a collaborative approach to unlocking the value of energy efficient homes for buyers, renters and investors. This project examines the factors that motivate the purchase and lease of low carbon homes. It involves industry (CSR, Stockland, the Australian Windows Association, Fletcher Insulation, Knauf Insulation, AGL Energy, the Clean Energy Council, the Energy Efficiency Council, Low Energy Supplies & Services and the Centre for Liveability Real Estate), government (NSW Office of Environment and Heritage) and research organisations (CSIRO, Swinburne University and UNSW). For details, please contact the project leader.
Numerous assessment and rating tools have been developed to monitor and motivate buyers of low carbon homes. However, the lower-than-anticipated purchase demand, despite the higher potential sale value for these homes, suggests that this emphasis has not resonated with home buyers. In response, this project proposes a consumer-facing, end-user perspective to understand how energy rating tool metrics are utilised, and how the new and existing home buyer and leasing market can be engaged by these or other metrics.