Is Retrofitting Worth It? (from BER News)

The energy consumption of an A1 BER house is about 5% of a G rated home. Preliminary results from a recent ESRI paper suggest that a one step improvement in the 15 point BER scale is associated with a 1.3% higher price and a one step improvement in the BER scale is also associated with a 0.5% increase in residential higher rent. An A rated house commands a premium of nearly 10% as compared to a D rated house and a property rated F or G trades at a 10% discount.

Benefits to a client for carrying out retrofit energy efficiency works to their property include:

  • Asset Value Increases
  • Rent increases (possibly)
  • Occupancy rates increase (possibly)
  • Operating costs drop
  • Occupants are more productive/happier/healthier
  • Buildings are future proofed
  • Strengthens CSR/Brand of client

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