Energy performance certificates
Energy performance certificates (EPCs) explained
From 1 October 2008, in order to market your property for rent, you will need to have an EPC available for prospective tenants to view. If you don’t you could be fined up to £200.
What is an EPC ?
This document is valid for 10 years and shows how good, or bad, the energy efficiency of your property is. It grades the property’s energy efficiency from ‘A’ to ‘G’, with ‘A’ being the highest rating.
If you have a new-build property, then it’s likely to have a high rating, and if you have a second-hand home, it’s likely to be around ‘D’ or ‘E’.
The EPC will also recommend how the rating could be improved, with suggestions for loft, floor and wall insulation, double glazing, and energy-efficient light bulbs.
Resources for Tenants
The theory is that the better the rating your property gets, the more attractive it should be to a tenant as it indicates lower energy bills.
Why are EPC’s good for tenants ?
From 1 October 2008, whether you’re looking to rent a property from a landlord privately or a through letting agent, they must produce an EPC. If they haven’t got one to hand, it suggests that they’re not up to date on the latest rental rules and regulations and you may want to look elsewhere.
Secondly, the better rating the EPC gives the property, the lower your utility bills are likely to be – with the rising costs of gas and electricity, this could save you hundreds of pounds a year.