Residential building energy renovations with on-bill financing
RenOnBill aims to scale up investments towards deep energy renovations of residential buildings by promoting the development and implementation of on-bill schemes, based on the cooperation between energy utilities and financial institutions.
RenOnBill has chosen four focus countries - Germany, Italy, Lithuania and Spain – in order to capture to an extent the differences that can be encountered when replicating on-bill across wider Europe. The success of the project will allow to take a huge step forward in reaching the European Union energy and CO2 targets and will have an important impact on the economic system, offering a win-win perspective for different actors: companies from the construction sector, energy services, utilities, investors, and ultimately for the society as a whole.
In order to achieve the European Commission’s long-term energy vision for 2050, yearly energy investments in the EU need to almost double and of these, energy efficiency improvements in residential buildings represent more than half. Deep retrofits will...
The RenOnBill project brings together leading experts in energy efficiency financing, deep energy renovation strategies for buildings and key actors from the energy utility sector.