Urgent action is required from landlords. Failing to meet minimum energy efficiency laws could result in fines of up to £30,000.
Key takeaways:
- By 2028, all rented properties must have a minimum EPC rating of “C”
- Landlords can take advantage of free funding to improve the energy efficiency of their properties through the ECO4 Scheme, if their tenants are eligible
- The ECO4 scheme ends in 2026, so action is needed now to apply for this funding
What is an EPC Rating?
An EPC rating is an official document that outlines the energy efficiency of a property and provides recommendations for improvements. It considers factors like insulation, heating, lighting, and renewable energy sources to calculate the overall rating.
What are the EPC requirements for landlords now (2023)?
The current EPC requirements for landlords is to ensure that the EPC rating of their property is at least an “E” or above. This indicates a satisfactory level of energy efficiency and must be met before renting out the property.
However, this is all about to change.
What are the new upcoming EPC requirements for landlords?
By 2028, all rented properties must have an EPC rating band of a “C”. This is a significant jump from the current “E” rating.
What impact will this have on landlords?
The introduction of new EPC rules is expected to have a significant impact on landlords. Especially considering the high percentage of rental properties with low EPC ratings.
Nearly 60% of homes in the private rental sector have an EPC rating of “D” or lower. These regulations aim to address the issue of energy inefficiency.
It is worth noting that these properties contribute to a staggering 77% of CO2 emissions from homes in England and Wales. With many landlords owning multiple properties and potentially being unaware of these changing regulations, there is a risk of non-compliance leading to difficulties in renting out properties.
While the cost of upgrades may be a concern, landlords who fail to take action may face challenges in finding tenants for their non-compliant properties.
It’s also worth noting that fines are being issued for failing to meet minimum energy efficiency laws. Currently this is set at £5,000, but is being increased up to £30,000.
How can I improve my property from a “E” rating to a “C” EPC rating?
To improve an EPC rating from E to C, homeowners and landlords have several options:
- Install energy-efficient lighting, which can help gain SAP points.
- Improve wall and roof insulation to enhance the property’s energy efficiency.
- Upgrade to a more efficient heating system that meets the required standards.
- Consider installing double or triple glazing, or use secondary glazing in listed buildings.
- Opt for less wasteful domestic appliances that consume less energy.
- Explore the installation of solar panels or other renewable energy features.
- Implement draught-proofing measures for doors and windows to prevent heat loss.
By implementing these measures, it is possible to enhance the property’s energy performance and achieve a higher EPC rating.
What funding could my property be eligible for?
Landlords may be able to access funding through the ECO4 government funding scheme. If your tenant is on a low income or in receipt of government benefits, you could upgrade your property for free.
What is the ECO4 scheme?
What is the ECO4 Scheme? It is a government initiative aimed at improving energy efficiency in homes. The ECO4 scheme offers measures such as insulation, heating system upgrades, and renewable energy installations to help reduce energy consumption and lower carbon emissions.
How can I upgrade my property’s EPC rating for free?
With new regulations on the horizon, it is crucial to take immediate action to improve your Energy Performance Certificate (EPC) ratings.
The ECO4 funding scheme ends in 2026, and with limited funding available, it’s worth applying as soon as possible. The tenant (not the landlord) must meet one of the eligibility requirements. Such as being on a low income or in receipt of government benefits.
To begin the application process:
- Firstly, ensure that your tenants are informed about the application.
- Secondly, contact us on 01422 414 850, or fill out a form on our website.
- Our friendly team will then conduct property research, including a review of the Energy Performance Certificate, and provide an initial indication of eligibility.
- If the property meets the criteria, a free survey will be scheduled promptly
- Followed by an installation and completion of the necessary paperwork.
Your tenants will soon enjoy reduced energy bills with the property upgraded through our services – and you will improve on your EPC rating to meet the new requirements and avoid facing penalties and fines.
Don’t delay – call us today to check eligibility in a matter of minutes, 01422 414 850.