realestate.com.au last Friday launched Energy Scores, which will give properties in Australia their own energy efficiency rating. The tool will give property seekers an indication of how energy efficient their next home could be. And for homeowners, it allows them to better understand energy usage, associated costs and where they could potentially reduce their energy expenditure.
To create Energy Scores, realestate.com.au partnered with Tendril, a global expert in data analytics and home energy modelling.
Henry Ruiz, REA Group Chief Digital Officer, commented: “We know that being energy efficient is essential to running any household, and yet it’s something we don’t often think about other than when we are paying our bills.
“We’re working towards providing a rich view of every property on realestate.com.au. Energy Scores may offer deeper insights into the energy efficiency of a property, helping Australians make more educated decisions on their next purchase or rental, or even improve the home they already live in.”
There are options for Australians to ‘claim’ their own home, either as an owner or renter, and input more information about their own energy usage to refine the score. Refined Energy Scores will provide users with a more detailed breakdown and analysis of their own energy usage habits.
As energy costs continue to rise across Australia, 76% of realestate.com.au users surveyed recently say they are concerned about the cost of electricity, while 79% state that they are actively trying to conserve energy as much as they can1.
Hunter Albright, Tendril Senior Vice President of New Markets, commented: “We’re excited to work with realestate.com.au on this global first, bringing potential buyers and homeowners not just an Energy Score for their home, but also comparisons to other homes and scores for all properties in a geography. We think this approach will provide an engaging experience while educating people on how their homes use energy and the steps they can take to be more efficient.”
Energy Scores is available to signed-in users across realestate.com.au’s web site, as well as native iOS and Android apps, making the information readily available to anyone searching for, or managing property.
Consumers without an account can create one for free to instantly access the new data – having an account also gives users the ability to save searches, save individual properties of interest and receive notifications relevant to them.
1 Nielsen CMV Survey 5 2016. Visited realestate.com.au in the last 4 weeks. Looking to buy a home in the next 12 months. Concern = “Somewhat Concerned” or “Very Concerned” about the price of Gas/Electricity.