Figure 33 – Funding Mechanisms for Home Retrofits

Figure 33 – Funding Mechanisms for Home Retrofits

Drivers and Barriers Four questions were then asked on drivers and barriers to doing retrofits, each with 5 levels of importance from ‘Not important’/‘Not a motivator’ (1) to ‘Extremely important’/’My main motivator’ (5). Weighted averages were calculated for each driver and plotted on the diagrams below. The further away from the center a driver is, the more important people perceived the driver to be. Results are shown in Figure 34.

The most important driver identified was to proactively make the home more energy efficient at an average score of 4, or ‘Very important’, which is an encouraging sign moving forward. Retrofits out of necessity either from maintenance (3.6) or repairs (3.4) also scored high. The lowest priority driver was in preparation for a sale (1.2). Co-benefits that were the most important to respondents were environmental footprint (3.9) and cost savings (3.8), although most co-benefits scored relatively high. Similarly, there was broad support for the options that could help include energy efficiency into the next home renovation, with a rebate to reduce upfront costs rated the highest (4.5). This was also reflected in the barrier analysis, where high cost scored considerably higher than any other encumbrance to energy efficiency retrofits. (3.5)