Mökki saaristossa

Energy-efficient renovation in a housing company

An energy-efficient renovation is a worthwhile investment – it reduces the maintenance charge as well as increases the value of your housing company and home in the long term. Read our tips below for improving the energy efficiency of your housing company!

Ways to improve the energy efficiency of your housing company

Enhance heating:
You can switch your old heating system to natural gas or enhance the performance of your existing system with an exhaust air heat pump. You will have different options available to you depending on the area in which you live and on the system your housing company currently has. For more information, contact your local energy company or property manager.

Use solar power:
To improve the energy efficiency of your housing company, you can install solar panels on the roof to generate electricity. This electricity can be used by both the housing company and the homeowners. 

Improve insulation: 
Replacing old double-pane windows with ones that meet the current standards will help prevent heat from leaking out and make heating more efficient. 

Financial support for energy efficiency improvements

The Housing Finance and Development Centre of Finland, ARA, has a subsidy programme that helps housing companies improve their energy efficiency in 2020–2022 or for as long as the budget allows. Read more about the subsidy amount and how to apply on ARA’s website.Opens new window

Your housing company can also apply for a bank loan to fund the renovation. As one of the shareholders, you could take out a home loan to pay for your share of the housing company’s renovation costs depending on your financial situation. 

What you can do as the shareholder in a housing company:

Heating, electricity and water use often account for a significant part of a housing company’s expenses.

By paying attention to your room temperature as well as your electricity and water use, you can help reduce the total costs incurred by the housing company.

Read our energy-saving tips for your home.  

Energy-saving tips for your home:

  • Turn down the room temperature
  • Unplug electrical appliances you are not using
  • Try not to use your car as much, especially for short trips
  • Set your sauna’s electric heater to a moderate temperature and shorten the time you spend in the sauna
  • Use less hot water
  • Use an air source heat pump
  • Use a fireplace if you have one 
Mies keltaisessa sadetakissa etsimässä kotia

The most important decisions a housing company makes are often related to renovations and their funding.

A housing company loan can also be environmentally friendly.

Five steps to an energy-efficient renovation of a single-family house

In Finland, living costs account for a large part of your budget if you live in a single-family house. By improving the energy efficiency of your home, you can significantly reduce your living costs.

Read more

Frequently asked questions about energy-efficient renovations of a housing company