Resource: Sustainable Investment Strategies
Name of organisation: NHF - UK report
Type of ressource: guidance documents
Addressed users:
- tenant/ cooperator
- building user (social housing organization)
- building owner
- project manager
Language:
- English
Process stage:
- national/ regional strategy development
- organisational strategy development
- pre- design phase (appraisal and strategic briefing)
- design phase (project briefing)
Weblink: http://www.housing.org.uk/Default.aspx?tabid=996&mid=1959&ctl=Details&ArticleID=2433
Description
The idea of energy perfromance contracting in housing stock is investigated further in this report by CEN. It highlights the potential for a modified version of energy performance contracting to provide a business model with flexibility to cope with fluctuating fuel prices and variations in tenant behaviour.
Performance contracting can be carried out as part of a supply partnership with a utility company. There are however significant barriers to this, and several other organisations have found decreasing value in partnering with supply companies. In addition, while it is still possible that forming a partnership with an energy supply company could generate an income for reinvestment in energy saving measures (ESMs), the need to maintain tenants’ right to choose suppliers means that sustainable investment in ESMs should be carried out separately.
Two models for investment in ESMs have been taken forward for financial
modelling in this report. One can be applied to blocks with communal heating
systems, and one takes the form of a ‘green loan’ to individual properties.