SNG (Sovereign Network Group), has started work on-site for its 84,000 existing homes. In partnership with Sero, the first stage of the programme will see work on nearly 1,000 homes across SNG’s portfolio, with the first installations taking place at properties in Chieveley, Berkshire and Droxford, Hampshire.
Jim Dyer, Director of Built Environment at SNG, said: “Commencing these retrofit works marks a significant step forward in our journey to decarbonise our portfolio by 2050. This initiative not only aligns with our vision of thriving communities over generations but will also result in healthier homes and happier customers enjoying lower energy bills. The knowledge gained from these works – coupled with other retrofit pilot projects underway – will inform our strategic asset management and net-zero investment strategy, focusing on the areas that matter to our customers, including carbon reduction.”
Andy Sutton, Founder and Chief Innovation Officer from Sero, commented: “Ensuring we have the right strategy in place, to get the right outcomes for SNG and its customers has been of the utmost importance. Putting those plans into action, and commencing works on the first two sites, is a wonderful milestone for everyone involved. This is an important partnership, which not only will support SNG on its pathway to net-zero, but crucially, will also support customers by providing homes which are healthy and more affordable. Furthermore, it will help create sustainable communities for generations to come.”
The improvement strategy for the first 1,000 homes is supported by over €10.5m of investment from the government’s Social Housing Decarbonisation Fund Wave 2.1 (SHDF), alongside €15.8m investment from SNG to deliver wider upgrades that will be felt over generations. SNG’s extensive programme of renewal will ensure these homes will achieve an EPC B+ rating which is set against SNG’s wider Corporate Plan to reach a minimum EPC rating of C by 2035 and EPC band B by 2047 – achieving compliance well before the Government’s target of 2050.
Image source - Pexels.
Europe Real Estate — an overview of real estate developments in European countries.