The Benefits of Section 63 Siobhan Wolverson Senior Environmental Planning Consultant VG Consulting.

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Presentation transcript:

The Benefits of Section 63 Siobhan Wolverson Senior Environmental Planning Consultant VG Consulting

Contents Why Section 63? What can you save? What other benefits are there for you? Additional options – is it worthwhile going further?

Why Section 63?

Percentage Adapted from: The Environmentalist, February 2016

Identified Improvement Measures Installing draught stripping to doors and windows; Upgrading lighting controls; Upgrading heating controls; Installing an insulation jacket to a hot water tank; Upgrading low energy lighting; Installation of insulation in an accessible roof space; Replacement of a boiler

Predicted Savings

Occupancy rates Higher rents Tenant satisfaction Tenant renewals Employee productivity and attendance Property value Energy consumption Other Benefits

Additional Options CHP

VG Energy Case Study

Conclusion

Business vs Energy Efficiency Investment Internal Rate of Return Source: Carbon Trust (2010) The Business of Energy Efficiency 12%

Conclusion Business vs Energy Efficiency Investment Internal Rate of Return Source: Carbon Trust (2010) The Business of Energy Efficiency 48% 12%

Thank you!