Australian product comparison site Mozo reports that when it comes to home improvements and renovations, home owners are going for green upgrades over the more aesthetic change. They say that ‘green’ upgrades accounted for 37% of all home improvement renovations undertaken by borrowers, followed by painting and decorating (35%) and outdoor upgrades (20%).
In terms of energy efficient improvements homeowners were most likely to undertake in the next 12 months, 61% of respondents to a May survey by RateSetter said they planned to install solar panels and batteries, followed by energy efficient lighting (46%) and energy efficient heating and cooling systems (35%).
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