Aedes and the National Tenants Union had a stand on the business fair to promote the covenant on energy saving and sustainability. In the covenant, which is also signed by the Dutch Government, the parties express the intention to reduce energy consumption of households by 20% by 2020. The central tool of the covenant is the ‘woonlastenwaarborg’, a guarantee that the total cost of living (rent and costs of energy consumption) will not increase after refurbishment of the house. Usually refurbishment implies an higher rent, but the parties guarantee that this effect will be off-set by lower energy costs.
See a discussion on this issue and the broader problem related to pay-back on refurbishment in rental housing on our POWER HOUSE blog here.