Energy renovation: for 6 out of 10 craftsmen, the start of work is slowed down by access to financing and public aid

Financing remains a major obstacle since almost half of the craftsmen specify that the lack of financial means is the main reason given by their clients to explain the refusal of their quote and 66% of them declare that the launch of their clients' work is slowed down by access to aid such as MaPrimeRénov'.

• For 64% of craftsmen, energy renovation work on private homes represents half or more of the work they carry out.
• 6 out of 10 craftsmen are able to support their clients in preparing their application file for MaPrimeRénov' type assistance.
• 63% of craftsmen consider that access to financing solutions also constitutes an obstacle to starting work.

Access to finance, a major obstacle to the energy renovation of housing

3.351 euros is the average budget that the French are prepared to allocate to the renovation work of their home (Sofinscope – June 2024). A tight budget that requires relying on government aid, considered the main source of financing for individuals (64%), and various financing solutions (classic amortizable credit, green loan, payment in several installments, etc.).

According to 46% of craftsmen, the lack of financial means is one of the main reasons given by their customers to explain the refusal of quotes and more than 6 out of 10 craftsmen declare that the steps to access financial aid such as MaPrimeRénov' as well as those to access a financing solution constitute an obstacle to starting work.

Craftsmen, an intermediary to help customers finance their renovation work

Faced with these financial obstacles, RGE craftsmen position themselves as advisors for their clients because they are able to support them in preparing their government aid application file (59% of them) or subcontract this service (17%) and they offer different financing solutions (25%).

One in four craftsmen would like to offer more financing solutions to their customers.

For Franck ONIGA, Managing Director of Sofinco: "As a financier, we must be facilitators of energy renovation by supporting housing professionals, demonstrating agility to meet the needs of as many French people as possible in terms of financing and access to government aid. Advice and support for the preparation of files are essential."

All results are available online on the website Sofinscope: the barometer of consumption and daily life by Sofinco

The Sofinscope Study – OpinionWay Barometer for Sofinco

Illustrative image of the article via Depositphotos.com.