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Renolution premiums run up to 90% of renovation cost

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Renolution premiums run up to 90% of renovation cost
Written by
Arnaud Lecomte
Business Unit Manager - Tectum DSB

The Brussels Capital Region has been simplifying the procedure for applying for premiums for several years. Before 2021, three separate premium systems were active: the Energy Premium, the Residential Renovation Premium and the Facade Embellishment Premium. From 2022, only one integrated system will operate, under the name RENOLUTION premiums. Despite the fact that the scheme has been in joints for a while, not all building managers are aware of it. A shame, because the total premium can amount to as much as 90% of the total cost.

‍Simplicityin administration

A striking feature of the Renolution premiums is the simplification of the administrative procedure. By merging several premiums into one system, the path to financial support for sustainable renovations is significantly simplified. Building owners and managers can now submit their applications with greater ease and clarity.

Who is the Renolution Premium for?

The Renolution premium is a powerful initiative of the Brussels Capital Region aimed at building owners and building managers in Brussels. Whether you are an apartment owner, syndic of a residential complex or a real estate professional, the Renolution premium offers a valuable incentive for those striving for sustainable renovations and energy efficiency in their property portfolio. Premiums are only available for work carried out by professionals and for buildings older than 10 years.

Which works are eligible?

The Renolution premium can support various renovation works, check the Renolution website for an overview. Premiums E and F relate specifically to the renovation of roofs and facades. If you want to make the building more energy efficient, this is of course where the most profit can be made by insulating it better. It also involves the renewal of roofing, facade repair and other energy-efficient measures. By covering a wide range of works, the premium provides flexibility for building owners to develop customized renovation plans that fit the specific needs of their properties.

Additional rock wool insulation layer is applied during flat roof renovation.
Quote icon in green

The theoretical premium awarded was even higher than the total cost of the roof renovation.

Arnaud Lecomte
Business Unit Manager - Tectum DSB

Powerful financial incentive of up to 90% (!) of cost.

A particularly interesting aspect of Renolution premiums is the financial benefit that building owners can receive. According to Renolution's policy, lower-income individuals can receive premiums of up to 50% to cover renovation costs on their homes. In reality, we see that these premiums can reach 90% of the total renovation cost. This significant financial support is designed to make sustainable renovations even more accessible and attractive to building owners and managers.

In a specific example with one of our clients, the theoretical premium even exceeded the total cost of the roof renovation. The authority did make the disclosure that the premiums could be up to 90% of the cost. Wondering how much premium you will receive for the roof renovation of your building or residence? Contact us.

Benefits of roof renovations for large residences

The benefits of roof renovations extend beyond the financial aspects. When renovating a roof, residents benefit not only from lower heating costs due to improved insulation, but also from an overall more comfortable living environment. In addition, the value of the homes in the building increases, which has a positive effect on the property as a whole. Read more about the benefits of energy-efficient buildings and the role that syndicates and VMEs play in the transition to sustainability in this post.

Conclusion

The Brussels Region is taking drastic measures to renovate the building stock in our capital at a rapid pace. Just about every building owner can claim financial support to renovate his or her building via the Renolution premium. Provided the building is older than 10 years and the work is carried out by a professional. A good thing and above all necessary to meet the strict climate objectives. As pioneers of sustainable construction, we can only applaud this. The scope of works eligible for a premium is also very broad. We only wonder how long the Brussels Capital Region will be able to sustain these efforts from a budgetary point of view. Because year after year, the budgets provided for are exceeded. If you are planning a renovation in the next few years, we do not advise you to wait long.

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News
>
Renolution premiums run up to 90% of renovation cost

The Brussels Capital Region has been simplifying the procedure for applying for premiums for several years. Before 2021, three separate premium systems were active: the Energy Premium, the Residential Renovation Premium and the Facade Embellishment Premium. From 2022, only one integrated system will operate, under the name RENOLUTION premiums. Despite the fact that the scheme has been in joints for a while, not all building managers are aware of it. A shame, because the total premium can amount to as much as 90% of the total cost.

‍Simplicityin administration

A striking feature of the Renolution premiums is the simplification of the administrative procedure. By merging several premiums into one system, the path to financial support for sustainable renovations is significantly simplified. Building owners and managers can now submit their applications with greater ease and clarity.

Who is the Renolution Premium for?

The Renolution premium is a powerful initiative of the Brussels Capital Region aimed at building owners and building managers in Brussels. Whether you are an apartment owner, syndic of a residential complex or a real estate professional, the Renolution premium offers a valuable incentive for those striving for sustainable renovations and energy efficiency in their property portfolio. Premiums are only available for work carried out by professionals and for buildings older than 10 years.

Which works are eligible?

The Renolution premium can support various renovation works, check the Renolution website for an overview. Premiums E and F relate specifically to the renovation of roofs and facades. If you want to make the building more energy efficient, this is of course where the most profit can be made by insulating it better. It also involves the renewal of roofing, facade repair and other energy-efficient measures. By covering a wide range of works, the premium provides flexibility for building owners to develop customized renovation plans that fit the specific needs of their properties.

Additional rock wool insulation layer is applied during flat roof renovation.

Powerful financial incentive of up to 90% (!) of cost.

A particularly interesting aspect of Renolution premiums is the financial benefit that building owners can receive. According to Renolution's policy, lower-income individuals can receive premiums of up to 50% to cover renovation costs on their homes. In reality, we see that these premiums can reach 90% of the total renovation cost. This significant financial support is designed to make sustainable renovations even more accessible and attractive to building owners and managers.

In a specific example with one of our clients, the theoretical premium even exceeded the total cost of the roof renovation. The authority did make the disclosure that the premiums could be up to 90% of the cost. Wondering how much premium you will receive for the roof renovation of your building or residence? Contact us.

Benefits of roof renovations for large residences

The benefits of roof renovations extend beyond the financial aspects. When renovating a roof, residents benefit not only from lower heating costs due to improved insulation, but also from an overall more comfortable living environment. In addition, the value of the homes in the building increases, which has a positive effect on the property as a whole. Read more about the benefits of energy-efficient buildings and the role that syndicates and VMEs play in the transition to sustainability in this post.

Conclusion

The Brussels Region is taking drastic measures to renovate the building stock in our capital at a rapid pace. Just about every building owner can claim financial support to renovate his or her building via the Renolution premium. Provided the building is older than 10 years and the work is carried out by a professional. A good thing and above all necessary to meet the strict climate objectives. As pioneers of sustainable construction, we can only applaud this. The scope of works eligible for a premium is also very broad. We only wonder how long the Brussels Capital Region will be able to sustain these efforts from a budgetary point of view. Because year after year, the budgets provided for are exceeded. If you are planning a renovation in the next few years, we do not advise you to wait long.

News
>
Renolution premiums run up to 90% of renovation cost

Renolution premiums run as high as 90% of renovation cost. Excessive or necessary?

The Brussels Capital Region has been simplifying the procedure for applying for premiums for several years. Before 2021, three separate premium systems were active: the Energy Premium, the Residential Renovation Premium and the Facade Embellishment Premium. From 2022, only one integrated system will operate, under the name RENOLUTION premiums. Despite the fact that the scheme has been in joints for a while, not all building managers are aware of it. A shame, because the total premium can amount to as much as 90% of the total cost.

‍Simplicityin administration

A striking feature of the Renolution premiums is the simplification of the administrative procedure. By merging several premiums into one system, the path to financial support for sustainable renovations is significantly simplified. Building owners and managers can now submit their applications with greater ease and clarity.

Quote icon in green

The theoretical premium awarded was even higher than the total cost of the roof renovation.

Arnaud Lecomte
Business Unit Manager - Tectum DSB
October 24, 2024
Arnaud Lecomte

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