Future-Proof your rentals with EcoGiants and energy efficiency schemes

By EcoGiants

09 Dec 2024

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Energy efficiency is no longer just an option for landlords; it’s a necessity.

With government initiatives like ECO4, the Great British Insulation Scheme (GBIS), and the newly announced Warm Homes Plan, landlords in Lancashire have access to significant funding opportunities to upgrade their properties.

These programs not only reduce energy bills but also ensure compliance with the 2030 target for all rented properties to achieve at least an EPC ‘C’ rating.

In this guide, EcoGiants explains these schemes, their benefits, and how landlords can take action today.

What Are ECO4, GBIS, and the Warm Homes Plan?
Energy Company Obligation 4 (ECO4)

Running until March 2026, ECO4 is a government scheme requiring energy companies to fund energy efficiency improvements for low-income households. Landlords with tenants on qualifying benefits or in poorly performing properties (EPC ‘D’ or below) can access funding for:

  • Insulation upgrades (walls, lofts, floors).
  • Heating replacements or low-carbon alternatives like heat pumps.
  • Renewable energy installations.
  • This scheme focuses on long-term energy savings, making it ideal for landlords seeking sustainable improvements.

Great British Insulation Scheme (GBIS)

GBIS was introduced in 2023 and offers partial funding for insulation. Unlike ECO4, GBIS is open to a broader range of households, including:

Properties in lower council tax bands.
Homes with poor energy efficiency ratings.
From April 2025, landlords can access up to £30,000 for the first property they upgrade, making this scheme particularly attractive for larger portfolios.

Warm Homes Plan

Announced in 2024, the Warm Homes Plan is the government’s latest effort to upgrade 300,000 homes in 2025 alone. It includes:

Grants for heat pumps and other energy-saving technologies.
Support for landlords to meet the 2030 EPC ‘C’ target.
Planning reforms to simplify energy efficiency improvements.
Together, these schemes create a robust framework for landlords to modernize their properties, enhance tenant satisfaction, and reduce carbon footprints.

 Why Should Lancashire Landlords Act Now?

1. Regulatory Compliance
From 2030, all rented properties must achieve an EPC ‘C’ rating. Properties failing to meet this standard could face penalties or restrictions, making early action essential.

2. Tenant Demand
Energy-efficient properties are increasingly desirable to tenants. Warmer homes with lower bills attract and retain tenants, reducing void periods and tenant turnover.

3. Financial Incentives
Schemes like ECO4 and GBIS offer substantial funding, while the Warm Homes Plan provides grants for cutting-edge technologies. Acting now ensures landlords maximize these opportunities.

4. Increased Property Value
Energy-efficient upgrades enhance property appeal and value, providing long-term financial benefits for landlords.

 Common Challenges Landlords Face

Despite the benefits, many landlords hesitate due to:

  • Confusion about eligibility: Schemes like ECO4 and GBIS have specific criteria, which can be complex to navigate.
  • Upfront costs: While schemes provide funding, many require landlords to contribute to improvements.
  • Time constraints: Landlords managing multiple properties often lack the time to oversee upgrades.
    This is where EcoGiants steps in to simplify the process.

 How EcoGiants can help Lancashire landlords

At EcoGiants, we specialise in energy efficiency solutions tailored to landlords’ needs. Our services include:

Eligibility Assessments: We determine which schemes your property qualifies for, maximising funding opportunities.
Customised Retrofits: From insulation to heat pumps, we design solutions that improve your property’s efficiency while staying compliant.
End-to-End Support: EcoGiants manages everything from paperwork to installation, ensuring seamless upgrades.
 

EcoGiants in Action: Expert Insight
EcoGiants director, Christian Richard Gillibrand, said: "The Ofgem price cap rise shows energy costs remain a challenge. For landlords, this is a chance to take control of energy use, reduce bills, and future-proof properties through efficiency and renewables."

With EcoGiants, landlords gain a trusted partner committed to delivering cost-effective, sustainable solutions.

 Future-Proof Your Properties with EcoGiants
The energy landscape is changing rapidly, and landlords who act now will reap the rewards of improved efficiency, lower costs, and satisfied tenants. Partner with EcoGiants to transform your property portfolio. Visit EcoGiants.co.uk to learn more or contact us today for a consultation.

 

Enjoyed this? Read more from EcoGiants

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