From April 2018 it will be illegal to let out a building that falls below the minimum Energy Performance Certificate rating of E.
This has been born from regulations under the Energy Act 2011, however, regulations under-pinning this act are not yet in place. This being said, such is the implication of this act for the industry, even before it has come into force many organisations are takings measures to improve the buildings that they own or manage.
Secondary legislation will determine the precise level of fines. Trading standards officers will enforce the rules for commercial properties.
This is a serious situation for commercial landlords. Marketability of effected properties would be impossible until upgrades are carried out to meet minimum standards set out in this legislation. It is estimated that 20% of non-domestic property could be in the F & G rated bracket. Also the energy rating of the premises may reflect in its value.
If this is a concern and you feel that one or more of your premises may potentially fail this legislation then please contact us straight away.
Our Approach
We will organise for the property to have an EPC Assessment to determine it’s rating.
If the rating is F or G (or at risk of falling into this category) we will formulate an energy efficiency plan. To include cost assessment through to benefits of improving efficiency and weighing these up against your market options and lease re-gear.
We will execute the plan if agreed.
Provide you with the relevant reports and ratings for compliance and marketing.
Our Help
Advice on the legislation and updates. Asset implications.
Energy assessment to determine risk and improvement across your portfolio and individual assets.
Provide a tailored Risk Management and Energy Efficiency Plan
Procure, Negotiate and manage improvement and cost reduction work.