The case for retrofit

Transcription

1 The case for retrofit July 2013 The case for retrofit

2 Contents Introduction The case for retrofit but not the Green Deal? Why we re saying no for now What are we doing The role of people The case for retrofit revisited February 2012 Lunch and Learn: FutureFit

3 Who we are Affinity Sutton With over 57,000 homes and a one hundred year history, Affinity Sutton is one of the biggest providers of affordable housing in England. As a business for social purpose we re committed to helping people put down roots. We act as a springboard, maximising life chances for our residents and creating places for communities to thrive. February 2012 Lunch and Learn: FutureFit

4 FutureFit Practical focus Not target driven What can we get for the money? 102 homes - 1.2m The role of people February 2012 Lunch and Learn: FutureFit

5 The case for retrofit Usual drivers: targets, rising bills For Affinity Sutton: Fuel poverty The quality of our homes It works FutureFit 2 February 2012 Lunch and Learn: FutureFit

6 What about the Green Deal? Assessment of home: package of work proposed* Funding for improvement works Package of improvement works installed + Regular repayment charge added to home s bill Home saves energy * Golden February 2012 Rule means Lunch expected and Learn: savings FutureFit in proposed package of works should be more than or equal to the repayment charge

7 Why we re saying no for now GD PROCESS GD assessment Works and loan package Installation of works Charge added to the meter 1. Affinity Sutton s programme of works OUR CONCERNS 2. CONCERNS: No guarantee of savings due to being based on standard usage Payment for assessments when we are not granting consent 2. CONCERNS: Cashback not appropriate for debt products Debt product not ideal in current economic situation 2. CONCERNS: No landlord control over quality of installation Complex repairs scenario 2. CONCERNS: Potential negative re-let legacy Complications of savings on gas bill but charge on electricity bill February 2012 Lunch and Learn: FutureFit

8 Why we re saying no for now: FutureFit findings Payback scheme based on standard energy use Electricity, the great unknown What savings have I made? Under-heating, the risks of SAP Warm, air tight but unhealthy homes? February 2012 Lunch and Learn: FutureFit

9 Why we re saying no for now: FutureFit findings Post-works issues log 1% 7% 4% 16% 10% 27% 17% ventilation mould/damp/condensation zoned heating issue workmanship issue miscommunication to tenant unsolicited positive feedback component failure Other (internal systems, vandalism etc) 18% February 2012 Lunch and Learn: FutureFit

10 What are we doing: works Saying no to the Green Deal now but yes to retrofit Knowing our residents: fuel poverty matrix Knowing our stock: carbon prospectus Internally funding c 4m of loft and cavities Taking up ECO: Birmingham, Leicester February 2012 Lunch and Learn: FutureFit

11 What are we doing about it: people FutureFit 1: people, people, people FutureFit 2: still about people! EnergyFit: simple, low-cost and integrated CommunityFit: Community-led design of retrofit Together creates a standard for our homes February 2012 Lunch and Learn: FutureFit

12 The case for retrofit revisited Yes to retrofit Green Deal all bad? No! Retrofit needs funding Need to build on practical research and knowledge base Need a long-term, coherent strategy February 2012 Lunch and Learn: FutureFit

13 More information FutureFit: EnergyFit: Launch of final FutureFit report: 18 July, London Live Twitter feed from the #futurefit February 2012 Lunch and Learn: FutureFit

14 February 2012 Lunch and Learn: FutureFit

15 The Green Deal and Eco Six Months On

16 The Green Deal is Dead A financing mechanism First, second, last Capitalises energy savings Small margins Slowly eroded Cost of finance Credit checks Accreditation

17 How it should work Simple Straight forward Quick Home improvements at no cost

18 The Green Deal is alive The principle remains sound Supplier Obligation Significant opportunity Significant challenge Forget everything you ever knew

19 The Supplier Obligation - THEN Insulation Measures Simple, Easy, Effective

20 Supplier Obligation now Green Deal Assessment Eco Assessment Tenure Super Output area Rural Sap Assessment Income Benefits Super Priority

21 The Supplier Obligation - NOW Three Elements Carbon Saving Element Solid Wall Other measures in Packages Affordable Warmth Lofts, cavities, heating and heating repairs Any measure that reducing heating cost Carbon Saving Communities Super Output Areas 15% rural communities

22 How can ECO work Stand Alone Programmes Support Planned Programmes Brokerage mechanism On line trading Voids Private rented

23 A new market place Between suppliers Between suppliers and brokerage Between suppliers and contractors and agents Between ECO streams within suppliers

24 A new market place So what's the price This moment This conversation This project There is no fixed price only the market price

25 An active market Not always Linear Data Funding Programme Delivery

26 An active market Stock Information + Programmes ECO Energy Companies Streams Time Contractors Brokerage Delivery Data

27 So what to do Don t focus on price but value Talk to supplier Understand you position in the market Develop your approach Keep it flexible Play the longer game You must have data

28 The Green Deal is alive Eco moves the game along Develops our capacity and the supply chain Energy prices will rise Energy Performance Contracting works You must have data

29 The Future The sector is still key The fundamentals of Eco and Green Deal are sound Need to be smart not clever What do you want Get talking Get going

30 Nicholas Doyle