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Oral question asked in the House of Lords, by Lord Lawson of Blaby (Conservative). It was answered on Thursday, 5 June 2008.


Housing: Energy Performance Certificates

Question
My Lords, what is the total cost to private citizenry, buyers and sellers, of this absurd nanny-state intervention? Does the Minister not appreciate that in the present and prospective state of the housing market it is not particularly clever to impose this additional cost on the buying and selling of homes?
Answer

My Lords, the cost of climate change is higher by any standards in comparison with what the noble Lord has said. We estimate that the cost of an energy performance certificate, which of course is market-driven, will be between £40 and £100. I do not think that that is a high cost when the savings that can be achieved are estimated to be about £300 a year. The certificate will pay for itself.


Secondary information

Type
Oral question
Reference
702 c259-60 
Session
2007-08
Oral question type
Supplementary
Chamber / Committee
House of Lords chamber
Subjects
Landlords Rented housing Energy performance certificates
Link
View this Oral question on www.publications.parliament.uk