Time is running out for poor commercial EPC-rated buildings
Around 17 per cent of commercial buildings could be unlettable or unsaleable by 2018 under new Energy Performance Certificate (EPC) regulations.
Provisions detailed in the Energy Act make it mandatory for commercial properties with a poor EPC rating (F or G) to be brought up to E or higher before they can be let or sold.
EPCs, which became mandatory in 2008, are needed whenever a property is built, sold and rented and are valid for 10 years. The certificate contains information about a property’s energy use and typical energy costs and recommendations about how to reduce energy use and save money.
With the ever tightening regulations, property managers and investment fund managers face the task of bringing their property portfolio up to the new benchmark. To aide this process we have introduced to several of our clients our EPC modelling service. We can provide a report on your poorly rated property’s with a cost effective action plan to attain the higher rating. On several occasions only a site visit was necessary to uncover a poor previous survey that gave an unjustified E or F rating.
Contact us for more information on our modelling service.