Phase one report
NEWSFLASH: The first FutureFit follow-up report has now been
launched. Produced in partnership with the Energy Saving Trust and
Camco it provides detailed findings of the installation phase.
FutureFit: installation phase in-depth
findings is the first follow-up report for the project
which covers areas such as cost of the works, resident
satisfaction, specific installation issues by archetype and air
tightness results for all 102 properties that have been
retrofitted. Follow the link on the right to download the
report.
The FutureFit report part one - a
unique insight into how the Green Deal could work in social
housing.
The full details of the Green Deal and how it
will work for the social housing sector have yet to be determined,
but Affinity Sutton’s national £1.2M FutureFit project provides an
exclusive understanding of the practicalities of delivering
retrofit to social housing, the key challenges the sector faces and
ways forward.
With more than 200 homes taking part in the project, these
interim findings show what it really means to retrofit at scale,
from resident apathy to supply chain capacity and actual costs.
Our FutureFit financial model has allowed us
to clearly identify the funding gap between the potential value of
energy savings and what it really costs to install retrofit
measures, giving insight into what levels of ECO will be required
and what the Green Deal can cover, as it currently stands.
Key findings
- Initial findings suggest that there is a funding
gap of approximately £3,000 per property
between the net cost of carrying out the works and the value of
energy savings.
- This gap could be filled but would require a
significant proportion of Energy Company Obligation
(ECO) funding along with packages
designed purely to meet the ‘golden rule’ that the
cost of the repayments should not exceed the savings on the energy
bills.
- A ‘low’ £6.5K package (which is indicative of
the Green Deal) achieved only an 18%
reduction in carbon emissions - and even with all other
potential savings taken into account there is still 26%
carbon to be saved by 2050.
- Resident engagement will be
vital to the success of the Green Deal and require
sustained and intensive awareness campaigns. FutureFit’s
offer of free works resulted in only a 4.8% initial
response rate and 23%
dropout from sign-up stage to completion of
works.
- Training is required to address a lack
of technical skills as a result of a sector dumbed down by
the previous decade’s focus on the Government’s Decent
Homes Standard.