Retrofit work would cost up to £11,000 for each homes, according to new research

Upgrading the UK’s housing stock to meet the government’s energy efficiency targets could cost nearly £120bn, according to new data.

It will cost between £6,220 and £11,120 to upgrade each home to the government’s benchmark standard EPC rating of C or better, a study by Impact Data Metrics (IDM) has found.

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Labour has set a target for all rental homes to achieve an EPC rating of at least C by 2030

Labour has set a target for all rental properties to have a minimum EPC C rating by 2030, and for newbuild private homes to achieve the rating by 2035 under the Future Homes Standard, which will be introduced this year.

IDM, which works with local authorities, develop