Wondrwall has launched Energy Service Contracts (ESC), a renewable technology for newbuilds
Wondrwall ESC will help to keep 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 is attached to the property with a fixed-price monthly service charge. The service charge has no upfront fees for the homeowner or housebuilder.
Energy Service Contracts (ESC) 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.
Wondrwall ESC can improve SAP scores by 8 to 10 points
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, taking newbuild homes to EPC rating A.
Removing the ‘green premium’ associated with eco-friendly solutions
At the core of Wondrwall ESC is the elimination of upfront costs for both housebuilders and homeowners, effectively removing the daunting ‘green premium’ associated with eco-friendly housing solutions.
Central to this venture is Wondrwall’s technology, integrating AI-powered home energy management systems.
This can include infrared heating, an air source heat pump, underfloor heating, and an intelligent hot water cylinder, along with ESC-funded renewable energy technologies, including solar PV generation, hybrid inverter, battery storage and EV charging.
Wondrwall secured a phased investment programme of up to £100m to support the rollout of ESC
Wondrwall recently secured a phased investment programme worth up to £100m in 2023 to expand and reach a footprint of over 100,000 homes.
Commenting on the investment, Daniel Burton, CEO and founder of the Wondrwall Group said to PBC Today: ” The investment is going to allow us to deliver net zero homes off our own balance sheet.
“The plan is to bring in private sector funding to unlock the private sector funding into house building to allow the scale of 100,000 homes.”
Benefits for housebuilders
Housebuilders stand to benefit significantly from Wondrwall ESC, as it enables them to achieve sustainability goals without incurring additional costs.
Wondrwall ESC gives housebuilders the option to stay ahead of their competition by achieving their sustainability goals at no additional cost, attracting buyers with more energy-efficient and cheaper-to-run homes.
Giving more people access to low-carbon, low-cost living
Reduced energy bills, simplified installation processes, and predictable pricing through the service charge model ensure long-term affordability and convenience for homeowners.
Wondrwall ESCÂ removes the need for homeowners to purchase expensive renewable energy technologies upfront, simplifying the installation of multiple pieces of kit into one easy-to-manage fully integrated system.
The service charge model provides predictable pricing over a fixed term, calculated on the size and type of home and on the value that Wondrwall will deliver.
In an exclusive comment to PBC Today, Daniel said, “As a company, our main vision is not only to reduce customers’ energy bills but also to reduce carbon.”
Energy-efficient homes that optimise energy use and prioritise user experience
Wondrwall’s end-to-end hardware and software solution goes one step beyond smart technology, creating intelligent homes that optimise energy use and prioritise user convenience.
Complete with home automation and gas-free heating options, which can include infrared heating, air source heat pumps, underfloor heating, and intelligent hot water cylinders, as well as ESC-funded renewable energy technologies.
The future of net zero assets and renewable living
Looking ahead, Wondrwall envisions a future where intelligent net-zero energy homes become the standard, offering a sustainable living environment for generations to come.
With continued innovation and widespread adoption of initiatives like Wondrwall ESC, the prospect of a greener, more environmentally conscious housing sector is within reach.
Daniel adds, “Our technology has the potential to decarbonise, decentralise, and digitalise the grid. With Wondrwall’s intelligent home solution, residences across the nation can enjoy the benefits of smart, energy-efficient living with a reduced need to overhaul our ageing electrical grid.”
“What Wondrwall ESC does is manage peak shift demand by preheating the home, charging up the battery, and using the battery electricity rather than energy off the grid to balance that grid.”
