ZERO BILLS Homes CHALLENGED

The Property Nomads Podcast

Rob discusses Ed Miliband's endorsement of the Future Homes Standard as a solution to the cost of living crisis. Miliband visited a zero bills new build site in Staffordshire, impressed by Octopus Energy's initiative guaranteeing zero energy bills for five years on homes equipped with solar panels, a home battery, and a heat pump.

Rob raises critical questions about the sustainability and feasibility of the initiative, questioning how Octopus Energy can afford to provide zero bills and the environmental impact of the technology involved.

KEY TAKEAWAYS

• Future homes standard could potentially help tackle the cost of living crisis, according to Ed Miliband.
• Octopus Energy's initiative offers zero energy bills for five years on new homes with solar panels, a home battery, and a heat pump.
• Questions arise about the sustainability of Octopus Energy's zero bills tariff and the potential reliance on government subsidies.
• The concept of a zero bills home may not be entirely accurate if additional charges like standing charges, water bills, or council tax are still applicable.
• Considerations about the environmental impact of mining and technology involved in creating eco-friendly homes should be taken into account when promoting future home standards.

BEST MOMENTS

"It is clear that the UK needs a future home standard to help those struggling with the cost of living."

"Although it might seem good on paper, there's some things to me that don't quite add up."

"What Ed Miliband went on to say is, 'I think it's really, really important to say to people, this is about the future and it's about tackling the cost of living crisis that people are facing.'"

"A zero bills home, well, having a No electric bill, okay, that's fine. What about standing charge? Do you still have to pay standing charge to Octopus?"

"If you're advertising a zero bills home, then someone might walk in and not expect any water bills, not expect any council tax bills, not expect any electric bills, not expect a standing charge bill."

VALUABLE RESOURCES

https://www.msn.com/en-gb/news/newslondon/future-homes-standard-right-for-tackling-cost-of-living-crisis-ed-miliband/ar-BB1oVihX?ocid=winp2fptaskbar&cvid=c9e76fd9d39c46eabbef5830d293b0d0&ei=75

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