Europe is facing challenges to triple the current renovation rate in order to meet its climate and energy goals, mitigate climate change and get on track to limit global temperature increase.
Tackling this challenge would not only be beneficial for the climate, but first and foremost for the people living, working and using these buildings: inadequate and poor housing causes high energy bills, health issues and a lower quality of life.
Renovating the existing building stock represents an exceptional investment opportunity, with the capacity to boost the economy and generate local jobs. The energy renovation market plays an important role in the economy, amounting to a value of €109 billion and generating 882,900 jobs in Europe (2015) and its potential is far greater
For homeowners and building managers, the renovation process can seem complicated, shaped by the ambiguity of the interventions to implement, a lack of knowledge on the existing solutions as well as a lack of services to coordinate all required market actors involved in the renovation process. This often results in lengthy, time-consuming and disruptive renovation processes.
To tackle these challenges, Turnkey Retrofit (TR) developed an integrated home renovation service, leveraging on the business operations of the project partners (4000 integrated building renovations conducted to date). A burden-free experience for homeowners, this holistic service allows to manage and upgrade their homes in a simpler and cost-effective way. It matches end-users with the right building professionals and financial options, while assembling the local capacity for deep energy renovations. The service is accessible through a user-friendly digital platform, Solutions4Renovation (S4R), and addresses drivers of building renovation that go beyond a desire to reduce energy bills and increase asset value, such as home improvement, increased comfort, enhanced health & quality of life.
9 partners (from research, consultancy, engineering companies, non-profit organisations, technology centres) joined their forces to develop the concept in 3 EU countries: France, Ireland and the Spain. TR identified and established ad-hoc mechanisms and a specific new business plan for the target countries.
The project covers both detached and semi-detached single-family and multi-family residential housing. TR main market is the private residential sector, however the service could easily be adapted as well for social housing and local authorities, offering a great development and growth potential.
