Financing energy refurbishment for social housing.
Given the context of rising energy prices, fuel poverty affecting millions of households across Europe and the need to mitigate climate change, it is crucial that the existing social housing stock be massively refurbished at very low energy standard. With only 3% of the housing stock being refurbished every year, reaching the “Factor 4″ objectives implies developing new adapted funding to generalise low energy refurbishment.
In the FRESH project, social housing operators and energy services companies (ESCO) from France, United Kingdom, Italy and Bulgaria propose to open the way and demonstrate that energy performance contract (EPC) can be used in social housing for low energy refurbishment on a large scale.
Tools and products
The tools and products section gives you access to the analysis, guidebooks and models developed throughout the FRESH project.
The Pilot sites section gives you information on the four selected pilot sites to work out the many legal, financial and technical issues related to EPC.
In the events section you will find useful links to forthcoming events related to energy retrofitting of social housing and EPC.Read more…
FRESH – Financing energy Refurbishment for Social Housing – is a European co-operation project that aims to pave the way and demonstrate to Social Housing Operators that Energy Performance Contract can be used for low energy refurbishment on a large scale.
Lack of adapted funding is a major barrier to the energy retrofitting of social housing in Europe. Funding could be found through the Energy Performance Contracts (EPC), in which an Energy Service Company (ESCO) invests in a comprehensive refurbishment (building insulation and renovation of the heating systems), and repays itself through the generated savings. EPCs have not been used until now in social housing because of the absence of visibility on the business model, although the market is well identified.
In the FRESH project, social housing operators and ESCOs from France, United Kingdom, Italy and Bulgaria propose to address energy performance contracting in social housing aiming at comprehensive refurbishment. The objective is to pave the way and demonstrate to social housing operators that EPC can be used for low energy refurbishment on a large scale.
Four pilot sites have been identified: FRESH will work out the technical and monitoring measures, along with the many contractual, legal and financial issues of EPC. The results will be monitored on the long run and dissemination activities will raise awareness about the opportunities but also pitfalls lying in EPC for comprehensive refurbishment programmes.
The expected results from the project are:
Tested implementation of energy performance contracts for comprehensive refurbishments in the social housing sector in France, UK, Italy and Bulgaria.
Concrete tools which social housing organisations and energy service companies can use to implement energy performance contracts.
Informed stakeholders and professional branches at national and European level, involved continuously throughout the project.
Example of a comprehensive refurbishment operation
D9 UK handbook on EPC in Social Housing PDF – 2 Mo
D9 EU Handbook on EPC in social housing PDF – 884 Ko
D10 Recommendations to EU public authorities PDF – 1 Mo