Frequently asked questions about energy efficiency and renovation of apartment buildings
20.09.2024.
Energy-efficient renovation of apartment buildings is a relevant solution that helps reduce energy consumption, improve the technical condition of buildings and the quality of life of residents. The renovation process involves improving thermal insulation, renovating facades and roofs, and modernizing engineering systems. However, although everyone understands the benefits, the renovation process can raise many questions. In this article, you will find answers to frequently asked questions about the renovation process, financing options, and everything you need to start an energy-efficient renovation of your building!
| 1. What is energy efficiency? | Energy efficiency is the ability to use less energy to achieve the same or better results, for example, maintaining a comfortable temperature in rooms with lower energy costs. |
| 2. Why is it important to improve the energy efficiency of residential buildings? | Improving the energy efficiency of apartment buildings reduces energy bills, increases indoor comfort, reduces CO2 emissions, improves the visual appearance of the building, and increases property value. It also prevents emergencies, mold, moisture, and keeps ventilation systems in good working order. There are no drafts or leaks in the apartment, and the apartment building is safe to use, well-maintained, and aesthetically pleasing. |
| 3. What needs to be done to improve the energy efficiency of apartment buildings? | The energy efficiency of apartment buildings will be improved by insulating the building (facade, roof, basement), replacing windows and doors, modernizing the heating system, and improving the ventilation system. |
| 4. How can I find out if the apartment building I live in is energy efficient? | An energy audit must be carried out to assess the energy efficiency of an apartment building. This will provide detailed information on the building's energy consumption and recommendations for improvement. Once the energy audit report has been received, a preliminary estimate of the total cost of renovating the apartment building is prepared. This allows apartment owners to see what costs they can expect when renovating an apartment building. |
| 5. How long does the renovation process take? | The duration of the renovation process may vary depending on the scope and complexity of the project. A full renovation takes two years. In the first year, technical documentation is prepared (energy audit, technical inspection report, construction project), the documentation is coordinated with ALTUM for the reservation of capital discounts, or, if municipal co-financing is involved, the documentation is submitted and coordinated with the municipality. In the second year, construction work is carried out. If any unforeseen circumstances arise during the project, the project period will be extended. |
| 6. Is renovation financially beneficial? |
Although the energy-efficient renovation of apartment buildings requires an initial investment, the long-term financial benefits outweigh the costs, making it a smart and profitable investment. Lower monthly bills Energy efficiency improvements such as insulation, window and door replacement, and heating system modernization significantly reduce energy consumption. This means that building residents can significantly reduce their monthly heating and cooling bills. Increased property value After renovation, the market value of the property increases. Energy-efficient buildings are more attractive to potential buyers or tenants because they offer lower operating costs and a higher standard of living. Compliance with regulatory requirements Many countries are adopting increasingly stringent energy efficiency standards. Latvia has set a target to significantly increase the energy efficiency of buildings by 2030 in order to reduce energy consumption and CO2 emissions. Latvia's long-term strategy for building renovation is to ensure that all buildings meet high energy efficiency standards by 2050. The renovation of apartment buildings is one of the priorities for improving living conditions for residents, while reducing energy consumption and promoting environmental protection. This goal is part of the broader climate policy objectives of the European Union. Protection against rising energy prices Energy efficiency provides protection against future energy price increases. Lower energy consumption means that households will be less affected if energy prices rise. Reduced maintenance costs High-quality renovation, such as a new roof or insulated facades, also reduces the need for frequent maintenance work in the future, thus saving money in the long term. |
| 7. Can renovation disrupt the daily lives of apartment building residents? | Although renovation can cause temporary inconveniences, such as noise or limited access to certain rooms, professional builders strive to minimize these disturbances. |
| 8. What documents are needed to start the renovation process? | To ensure a high-quality and efficient renovation process for an apartment building, it must be managed as a project. HAGBERG experts specialise in managing such projects, offering a full range of services. We organize the decision-making process for apartment owners, help to establish an apartment owners' association, submit the necessary documents and coordinate with co-financing providers, such as ALTUM or the local government. We organize construction procurement, select service providers (architects, construction supervisors, author supervisors), attract financing from credit institutions, participate in construction meetings, and represent the interests of residents until the renovation work is completed and put into operation. |
HAGBERG is a company with 15 years of experience, offering cost-effective energy efficiency solutions for every customer under the guidance of professionals.
Not sure where to start? Contact us and we will help you organize the renovation of your apartment building!
+371 28742666