The Importance of Energy Performance Certificates for Landlords
Navigating the world of property rentals? Essential to this journey is the understanding of Energy Performance Certificate (EPC) requirements. In this article, we delve into what every landlord should know about these standards in England and Wales.
In today’s eco-conscious environment, where the UK aims for net-zero carbon emissions by 2050, energy efficiency is key. From electric vehicles to heat pumps, green living is becoming the norm. As a landlord, it's crucial to stay ahead in this green transition.
Recent legislation has increased energy efficiency requirements for rental properties. Now, your property must secure an EPC rating of E or higher. Confused? Let's explore some common questions about EPCs.
Current and Future EPC Standards
The 2018 ‘Minimum Level of Energy Efficiency’ standard required landlords of privately rented domestic property in England and Wales to ensure that their properties have a minimum Energy Performance Certificate (EPC) rating of E before granting a new tenancy to new or existing tenants.
From April 1, 2020, the regulations were extended to cover all existing tenancies. This means that even for ongoing tenancies, landlords must ensure that their properties meet at least the minimum E rating.
The UK Government has recently announced it will not take forward proposals to increase the requirement to meet a minimum C rating from 2025. Nevertheless, the Government’s legal commitment to net-zero carbon emissions by 2050 remains.
Improving Your EPC Rating: Practical Steps
Average UK properties hover around D or E ratings. If yours falls short, consider:
- Installing a modern, energy-efficient boiler.
- Upgrading to double or triple glazing.
- Enhancing roof and wall insulation.
- Switching to energy-efficient lighting.
Obtaining An EPC
EPCs are issued post-inspection by an accredited energy assessor. This survey, covering various aspects of your property, usually takes less than an hour. EPCs typically cost between £60 and £120 and are valid for 10 years. Renewal is necessary upon expiration or after significant energy efficiency improvements.
Exemptions And Penalties
The Minimum Level of Energy Efficiency Regulations ('MEES Regulations') are enforced by local authorities, who have a range of powers to check and ensure compliance.
If a local authority believes a landlord has failed to fulfil their obligations under the MEES Regulations, they can serve the landlord with a compliance notice. If a breach is confirmed, the landlord may receive a financial penalty.
Penalties amounts apply per property and per breach of the Regulations up to a maximum of £5,000 per property.
Conclusion
For more insights into EPCs and landlord legislation, don’t hesitate to reach out to us at Statoncoe Lettings. We're here to guide you through these evolving standards and ensure your properties not only comply but thrive in the market.