Renters across the UK are missing out on savings of over £990 million because their rental properties are lacking basic energy saving measures such as insulation, according to new E.ON research carried out with 10,000 UK households.
Indicating a significant difference in their views on energy savings, only two in 10 renters have made any attempt to make their home more energy fit compared with over three-quarters (78%) of homeowners who have made some energy efficiency improvements to their property.
The confusion around responsibility between landlords and tenants for energy efficiency improvements means that tenants are missing out on estimated average savings of almost £400 a year per household through methods such as the installation of double-glazing, loft insulation and cavity wall insulation.
Surprisingly, despite being faced with high property costs, Londoners were the least savvy energy savers, with a quarter (24%) admitting to being unaware of the £400 saving on offer. In comparison, nearly nine in 10 shrewd Scots were mindful of the savings.
Revealing a prudent approach, men were almost twice as likely than women to make energy efficient changes once they found out about the vital savings available.
With over three million private rented properties across the UK, and with rising house prices leading to people renting for longer, E.ON is calling on landlords to make their rental properties 'energy fit' to reduce energy bills for their tenants in the short term and add value to their properties in the long term.
Richard Lambert, Chief Executive Officer at the National Landlords Association (NLA), said: "It's important that tenants and landlords both realise that there are ways of improving the energy efficiency of properties. The NLA encourages landlords to take advantage of the government's Green Deal, available later this year, which will enable landlords to make significant energy improvements to their properties with no upfront cost."
David Bird, Customer Operations Director at E.ON, added: "What's clear is that there’s some confusion surrounding energy efficiency and who the responsibility should lay with in terms of making rental property energy fit.
"We'd urge both renters and landlords to think seriously about making some improvements to their properties. In some cases, renters can be eligible for free cavity wall and loft insulation, and costs for installation can often be much cheaper than you’d think, so always speak to your energy provider first to make sure you’re aware of all the offers available."
(CD/GK)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
25/11/2024
Estilo Interiors has been selected to help Bruntwood SciTech as they invest a further £2.4 million into Birmingham as part of a plan to transform its Mclaren innovation hub. The project, located less than five minutes' walk from the future HS2 Curzon Street Station, will involve the building ...
25/11/2024
Cambridge Investment Partnership (CIP) has reached a significant milestone at Aylesborough Close in Arbury, with the completion of a topping-out ceremony. CIP board members, ward councillors, One Public Estate, Homes England and the CIP team gathered to lay the final brick at the highest point of ...
25/11/2024
Lovell has appointed Nicola Colley as head of land in the West Midlands, boosting the business' expertise in land opportunities. Having previously worked at Lovell for 12 years, Nicola has returned to a brand-new role at the national housebuilder, bringing with her experience from Taylor Wimpey ...
25/11/2024
Stepnell has commenced enabling works for a significant £9 million refurbishment of the Grade II listed Town Hall in Hugh Town, located on St Mary's in the Isles of Scilly. Spearheaded by the Council of the Isles of Scilly in partnership with Scilly Arts & Heritage, the project marks a pivotal ...
25/11/2024
Morgan Sindall Construction has successfully completed the restoration of West Bromwich Town Hall and Library, restoring the significant building to its former glory for the community to enjoy. Prior to the project's handover, Morgan Sindall gave a presentation to the SMBC Members and Town ...
25/11/2024
Persimmon Homes Severn Valley has donated 10,000 bricks to AccXel, the Construction Skills Accelerator Centre in Cinderford. The contribution will enable students at the Gloucestershire-based facility to gain hands-on experience and develop essential skills for the construction industry. The ...
25/11/2024
Nearly a year after work began, significant progress is being made at Huddersfield station as part of the Transpennine Route Upgrade (TRU). This transformative project aims to modernise the key northern transport hub while preserving its rich heritage as a Grade I listed building. One of the ...
25/11/2024
Renovating a property can be a challenging and complex process, especially when integrating new and existing building elements. At R Elliott Associates Ltd, we specialise in helping clients navigate these challenges by providing expert planning, design, and support to pre-empt any potential ...
25/11/2024
Northumbrian Water has announced a significant investment of £3.5 million at its Great Ayton Sewage Treatment Works (STW) to enhance its capacity to manage stormwater. The project involves the installation of a new storm tank capable of holding up to 317 cubic meters of combined rainwater and ...
25/11/2024
Balfour Beatty Flannery, a partnership between Balfour Beatty and Flannery Plant Hire, has trained its 1,000th student at its Operator Skills Hub. With over 250,000 additional workers needed in the construction industry by 2028, Balfour Beatty Flannery's Operator Skills Hub is key in addressing ...