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Title Integrated home renovation services as a means to boost energy renovations for homeowner associations: A comparative analysis of service providers' business models
ID_Doc 71196
Authors Elgendy, R; Mlecnik, E; Visscher, H; Qian, Q
Title Integrated home renovation services as a means to boost energy renovations for homeowner associations: A comparative analysis of service providers' business models
Year 2024
Published
DOI 10.1016/j.enbuild.2024.114589
Abstract Across the European Union (EU), approximately 46% of the population resides in apartment buildings. A majority of these buildings are in need of energy renovation and are managed by Homeowner associations (HOAs). HOAs face distinct challenges in renovating their buildings. Integrated home renovation services (IHRS) have emerged as a potential solution to accelerate highly energy-efficient renovations for HOAs. The question arises: How do current integrated home renovation service providers facilitate energy renovations for homeowner associations, overcoming the prevailing barriers to uptake? This paper explores the current state of IHRS providers operating in four European regions with a focus on the Netherlands and Flanders. The study offers insights into the dynamics of their business models, strategies, and ways forward. The methods employed involve a combination of qualitative approaches. Fourteen business models of IHRS providers in the Netherlands, Belgium, France, and Austria were analysed, to define their strategies within the regional context. The results reveal that while public entities prioritize broad societal challenges, private models focus on operational efficiency and financial sustainability. Public-private partnerships offer a hybrid approach, blending strengths but requiring precise governance to align diverse interests and achieve comprehensive, sustainable outcomes. The findings can inform policymakers, practitioners, and researchers in developing effective and targeted IHRS initiatives in the EU.
Author Keywords Business model; Homeowner associations; Energy renovations; Integrated home renovation services; Renovation journey; One-stop-shop
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:001288043800001
WoS Category Construction & Building Technology; Energy & Fuels; Engineering, Civil
Research Area Construction & Building Technology; Energy & Fuels; Engineering
PDF https://doi.org/10.1016/j.enbuild.2024.114589
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