If you’re renting, selling or building a commercial property, you’ll need an Energy Performance Certificate (EPC). An EPC rates the building’s energy efficiency using grades from A to G.
From 2018, rental properties in England and Wales must have at least a band E rating to meet the legal minimum energy efficiency standard.
With around 18% of commercial properties currently rated in the lowest bands of F and G, the new regulations will affect up to 80,000 properties.
Thousands of landlords face a challenge as they’ll have to make significant improvements to the energy efficiency of their properties.
But there is good news. According to the Westminster Sustainable Business Forum, a policy group that includes business leaders, there is evidence that enterprises which invest in energy efficiency gain protection from future energy price changes and government policies.
Get ahead of the game on making your property ready for new regulations, and raise its value with the following five tips:
1. Consult your EPC
An EPC assessment will help you to understand your property’s energy efficiency performance by measuring energy use and carbon dioxide emissions. It’ll also help you to improve current ratings ahead of legislation changes.
2. New business boiler
Replacing your old, less efficient boiler with a new energy-efficient appliance can improve your EPC rating. It can also reduce the energy costs for your business. We offer maintenance packages for landlords to help keep your boiler and heating system working efficiently.
3. Lighting systems
Low-energy lighting is an easy way to cut costs. Replace traditional 60W incandescent bulbs with compact fluorescent (CFL) or LED lighting to reduce energy usage. According to Which?, changing ten 60W bulbs to LED bulbs could save you £75 in electricity costs per year. When you generate less heat from efficient lighting you’ll help reduce the strain on air conditioning systems, too.
4. Property insulation
Improve the building insulation as a cost-effective way to boost your EPC rating. High-quality roof insulation retains up to 25% more heat than an uninsulated roof, according to the Energy Saving Trust. If your building is more than 10 years old and the walls are in good condition, consider cavity wall insulation to stop heat escaping.
5. Microgeneration technologies
Have you explored all the sustainable options to reduce your carbon footprint? Solar thermal technology generates hot water, helping to reduce the demand on traditional water heating systems. It could be a simple way to reduce your business gas bills, and also help to improve your EPC ratings.
Do you have any tips on how to improve a property’s EPC rating? Leave a comment below.