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Home GREEN

New retrofit tool targets energy-related savings for landlords

Property Industry Eyeby Property Industry Eye
April 11, 2025
Reading Time: 2 mins read
in GREEN, REAL ESTATE, UK&IRELAND
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A new data-driven retrofit tool launched by Senze is aiming to offer landlords a more accurate and cost-effective way to improve the energy performance of housing stock, following pilots across the UK and internationally.

Developed by a team including Related Argent chair David Partridge, Project Etopia founder Joseph Michael Daniels and Veritherm founder Tom Fenton, Senze uses sensors installed in every room of a home to assess real-time energy performance, replacing the need for visual inspections or desktop modelling.

The tool has been trialled by Bromford Housing, the Northern Ireland Housing Executive, the Church of England, Greater Manchester Combined Authority and the New York City Housing Authority.

In one pilot, Senze showed a property performing 59% better than its Energy Performance Certificate (EPC) rating, avoiding unnecessary external wall insulation and saving the landlord £25,838 in capital costs. 

Across all pilots, Senze reports average per-home savings of £4,890 on retrofit works, £133.90 on annual fuel bills and 1.29 tonnes of carbon emissions. The use of live data has also cut assessment and consultancy time by an average of nine hours per property, the company said.

Co-founder David Partridge commented: “Retrofitting British homes to reach net zero is estimated to cost more than £500bn. But what if we could actually do it much more cheaply? Senze is a genuinely game-changing British technology.”

Tom Fenton, chief executive of Senze, said social landlords were expected to be the company’s largest area of focus, citing their involvement with large legacy housing portfolios.

The system is also being used as an asset management tool to support strategic decisions on buying and selling stock.

Read the orginal article: https://propertyindustryeye.com/new-retrofit-tool-targets-energy-related-savings-for-landlords/

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