Dáil Éireann Debate, Tuesday - 28 May 2024
286. Deputy Darren O'Rourke asked the Minister for Housing, Local Government and Heritage the estimated cost of increasing the social housing retrofitting over a five-year period, rising incrementally between 20% in year 1, by 30% in year 2, by 50% in year 3, by 75% in year 4 and by 100% in year 5, in tabular form; and if he will make a statement on the matter. [23865/24]
Amharc ar fhreagra287. Deputy Darren O'Rourke asked the Minister for Housing, Local Government and Heritage the estimated cost of increasing the social housing retrofitting budget by 50%; and if he will make a statement on the matter. [23866/24]
Amharc ar fhreagraI propose to take Questions Nos. 286 and 287 together.
The Energy Efficiency Retrofit Programme (EERP) aims to retrofit a local authority home to a BER of B2/Cost Optimal Equivalent. It is expected that 36,500 local authority owned homes will be retrofitted under this programme out to 2030. €90m is available to the programme this year and the table below indicates the increase in funding required based on the percentage increase.
|
Percentage increase on 2024 allocation of €90m |
Total expenditure |
Cost of increase from €90m |
|
Year 1 - 20% |
€108m |
€18m |
|
Year 2 - 30% |
€117m |
€27m |
|
Year 3 - 50% |
€135m |
€45m |
|
Year 4 – 75% |
€157.5m |
€67.5m |
|
Year 5 – 100% |
€180m |
€90m |
