The construction industry faces difficulties navigating a complex landscape, but there are glimmers of hope, illustrating the sector’s adaptability and resilience.

Within construction, private housing is anticipated to be most adversely affected by the prevailing economic conditions this year. Similarly, private housing RMI is also on a downward trajectory.

However, with the Future Homes Standard consultation on the full technical specification pending release, housebuilders should soon have a clear view on what they need to do to transition to net zero emissions, allowing them more informed choices and taking advantage of new opportunities that come with this.

A record number of solar panels were installed in the first half of 2023, with an even higher uptake expected in the second half of the year. The figures could be boosted further by one of the Big Six Energy Companies, Octopus Energy, changing how easy it is to install solar panels. Traditionally, solar roofing systems have to be registered with the District Network Operator (DNO) and achieve Microgeneration Certification Scheme (MCS) certification to be paid for any energy generated and exported back to the National Grid. That certification has arguably created a backlog which has slowed the installation of solar roofing in the UK.

Octopus Energy has simplified the process by allowing self-declaration of compliance, eliminating the need for MCS certification, and removing one of the main barriers to entry. For contractors and installers, this is the ideal time to get into the solar roofing sector, as you can get going much faster than before.

Octopus Energy is also leading with smart tariffs to optimize the use of stored energy, especially with the growing importance of batteries in low carbon energy systems. This approach aligns with the goal of maximizing the benefits of renewable sources like solar PV and promoting energy use during periods of low grid demand.

The positive developments in solar energy demonstrate the adaptability of our industry, offering opportunities for both new build and RMI. Although it will be a while before the clouds begin to lift, hopefully a positive policy stimulus in the chancellor’s autumn statement, as well as the announcement of the Future Homes Standard full technical specification, could help demand to start to recover next year.