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Home Makeovers Trump Efficiency Investment as Eco Upgrades Become New Status Symbol

Insights from The Big Retrofit report show that seeing reduced bills in retrofitted homes motivates UK homeowners to explore green technologies.

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Overview

  • A Skipton Building Society survey of 2,000 UK homeowners found over half prefer cosmetic renovations like new kitchens or bathrooms over insulation or energy-efficient heating for the immediate satisfaction they provide.
  • The Big Retrofit report, produced with Leeds Beckett University and the University of Leeds, documents how retrofitting a 1930s detached house increased comfort and lifted its EPC rating from D to B.
  • Over a quarter of respondents know a neighbour who has made significant low-carbon modifications and 53% of those homeowners were inspired to make similar upgrades.
  • For 38% of participants, neighbours’ successes in cutting energy bills were the main trigger for exploring efficiency measures.
  • As a result, 48% have investigated solar panel installations, 24% loft insulation upgrades, and 15% triple glazed windows.