Intelligent home technology provider Wondrwall has launched Energy Service Contracts (ESC) – a funded model enabling all new build homes to be net zero energy.
Described as an industry-first, Wondrwall ESC provides housebuilders with access to thousands of pounds’ worth of renewable technology at no additional cost, keeping build costs down in an environment where skills shortages, material prices, and land values are all increasing development costs.
Instead, the cost of the renewable technology – including solar PV generation, hybrid inverters, battery storage and EV charging – is attached to the property with a fixed-price monthly service charge.
The service charge has no upfront fees for the homeowner or housebuilder and includes all maintenance, energy management services and free hardware upgrades for long-term optimised energy performance and the chance to significantly reduce the homeowner’s energy bills.
Only 4% of new homes in England and Wales were built to the highest EPC A rating last year. With the majority of new builds built to EPC B (80%), Wondrwall ESC can improve SAP scores by 8 to 10 points – meaning nearly all of the UK’s low-carbon new homes built could be taken to EPC A.
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Wondrwall’s integrated domestic energy solution utilises machine learning and predictive modelling to deliver automated energy efficiencies. The AI-powered home energy management technology ‘gives the home a brain’ and the ability to control itself.
“We need to make this decade a catalytic moment for change in the housebuilding industry,” said Daniel Burton, CEO and founder.
“Currently, we are still building the retrofit homes of the future. Wondrwall ESC has the potential to change this. With ESC, it is like offering homeowners a self-driving electric car, for the same cost as a dirty diesel but with lower running costs.
“At a time when energy costs have fluctuated so aggressively, providing a guarantee of reduced costs now and ongoing, will be a real asset to housebuilders selling in a competitive market.”
The average home is expected to save over 50% on its energy bills, more than offsetting the ESC charges.
Hardware costs and upgrades to both the battery and inverter throughout the lifetime of the energy service contract will be subsidised by Wondrwall.
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