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Funding

Funding Your Property Portfolio Retrofits

Funded Retrofit

 

Eighty percent of the homes that will be used by 2050 are already built and their poor energy performance means that by the middle of the century, they will account for 95% of built environment emissions. If the UK is to meet its 2035 and 2050 targets, these properties need to rapidly be decarbonised.

 

There are several government and third-party funds, grants, and subsidies available to help landlords and housing associations fund retrofit projects that will reduce their impact on the environment.

 

The combination of thermal imaging and energy-saving calculators can play a crucial role in helping landlords and housing associations take a more strategic approach, especially when seeking funding for retrofit projects. By making retrofit decisions based on facts, they can undertake large-scale retrofit projects and deploy energy-saving solutions with greater speed, impact and cost-effectiveness, enabling them to meet government targets for net-zero and make their residents’ homes energy efficient. 

ECO Funding

 
The Energy Company Obligation (ECO) is a government energy efficiency scheme aimed at helping reduce carbon emissions and tackle fuel poverty. The scheme was launched in 2013 to help make energy saving measures, such as heating and insulation, affordable for householders. Under ECO, major energy companies in the UK are obligated to provide funding for installations that cut carbon emissions and consumer fuel bills. Through ECO, landlords and housing associations could get a grant to cover or contribute towards the cost home efficiency improvements.

Flexible Eligibility / LA Flex

 

Flexible Eligibility, or LA Flex, is part of the government’s Energy Company Obligation Scheme – ECO3 and gave Councils the flexibility to widen the eligibility criteria for ECO, thus allowing more households to qualify for ECO funding. 

Social Housing Decarbonisation Fund

The
Social Housing Decarbonisation Fund (SHDF) is a government-backed scheme which provides grants to social landlords and social housing managers with social housing properties that have an Energy Performance Certificate (EPC) rating of ‘D’ or below. Launched in 2019, the Social Housing Decarbonisation Fund is intended to deliver warm, energy-efficient homes while reducing carbon emissions and tackling fuel poverty.