Starting in June, all buying and leasing contracts for homes will come with energy certifications that classify the properties at di fferent levels according to total power consumption.
The measure will be applied across the EU even though Spain tried to resist for fear of a negative impact on the power market. The certification ought to be required and there is no fixed price for the same thing. In Europe the amounts collected vary between 500 euros for a 100 square meter flat in Germany to 250 euros for a same-sized home in Italy. The new charge will surely hurt consumers' spending power, and it arrives at an unfortunate time given the real estate market's recent struggles.
