Orbit Group is committing to ensure all of its homes achieve EPC rating Band C or better by 2020.
As part of the Group’s 2020 Vision the 39,000-home organisation is projecting a programme at a cost £85million to reach that target.
The funding will come from Energy Company Obligation (ECO), of which Orbit projects a contribution of £12.5million, along with renewable energy subsidies and internal funding.
Currently Orbit has two programmes of ECO work in the Midlands, and South and East with partners Wates and MITIE. To date the programme has seen 540 homes receive external or cavity wall insulation or loft insulation. At present more than 10,500 of Orbit’s social housing homes have an EPC of Band C for better.
Anne Turner, Chief Operating Officer at Orbit Group, said: “Orbit is committed to making this happen and for us the business case is simple – investing money now will save households hundreds of pounds in fuel bills each year. This is before you take into consideration child poverty targets, winter deaths amongst older people and NHS costs; the economic wins are significant.
“The ECO and Green Deal have made some impact but the next steps have to be taken in partnership. This will involve health, housing, social care and the voluntary sector working with health providers, health and wellbeing boards, local authorities and housing providers to ensure the investment in future energy efficiency makes the biggest impact to the poorest families.”