Two-thirds (61%) of homeowners state that upfront cost is the biggest barrier to retrofitting
New research from energy experts at Uswitch found that while the majority of homeowners are motivated to retrofit their homes to save on energy bills, financial and informational barriers are preventing them from retrofitting.
A survey of 1,000 UK homeowners found that over half (55%) have already made improvements to reduce energy consumption in their homes.
However, only one in three (33%) Brits are considering retrofitting their properties, despite 56% saying they understand how retrofitting can reduce their energy bills.
Upfront costs are a primary barrier to retrofitting, with almost two-thirds (61%) of Brits stating they are too high and too expensive for the average household.
The majority (71%) of over-55s believed that cost is the biggest obstacle.
|
Barrier To Retrofitting |
Total Percentage (%) |
|
I would be more likely to retrofit if I could see the savings on my energy bills |
66.80% |
|
The upfront cost of retrofitting is a major barrier for homeowners |
65.50% |
|
Retrofitting is too expensive for the average household |
61.50% |
|
I don’t know enough about the financial support or grants available to me |
59.50% |
|
I would retrofit my home if financial support were more accessible |
59.20% |
|
Retrofitting feels too disruptive, confusing or complex |
47.80% |
|
I would retrofit my property if people in my community were doing the same |
37.20% |
|
My property makes it challenging to retrofit |
34.50% |
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