Landlords face €8bn bill for rental home energy upgrades, study finds

The ESRI estimated a cost of about €43,000 to upgrade a G-rated property to a B, while it would cost just under €30,000 for a C-rated property,

Retrofitting all the homes in Ireland’s private rental sector could cost as much as €8bn, but many landlords are unlikely to be able to afford the investment, new research has found.

The study from the Economic and Social Research Institute (ESRI) suggests there are “complex challenges” if landlords are to invest in energy efficiency upgrades for homes they rent out, as nearly one in two would not have the funds to cover a €25,000 investment.