Before we look into what you can do to improve the energy efficiency of your property, here’s a brief refresh on the key facts about Energy Performance Certificates (EPCs).
An EPC is a mandatory certificate set out in the Domestic Minimum Energy Efficiency Standard (MEES) regulations. With very few exceptions, property in the private rented sector is legally required to comply with the MEES regulations and have an Energy Performance Certificate.
The certificate indicates the energy efficiency of the property, where the highest band is A meaning very efficient, and the lowest being G (inefficient). The certificate is valid for 10 years and can be a handy tool to identify improvements which can make your property more energy efficient. And, if you do make any changes to improve your EPC rating, it’s important to have a new certificate issued that reflects these changes.
The current rules
From 2015, Landlords in England, Wales and Scotland have had to meet the minimum requirement of having an EPC rating of E or above. From April 2018, this included all new tenancies and from April 2020 all existing tenancies*. If you're unsure about all the current lettings legislation and with over 160 regulations to navigate, our experts are here to help.***
What EPC rule changes are under discussion?
Changes in the EPC rating standard requirements aren’t yet set in stone; however, potential changes are being discussed. If introduced, rented properties in England and Wales must have a rating of at least C, though the timescale for the introduction of this is unclear. It would be a good idea to keep an eye on the gov.uk website and to keep in touch with your local agent. Similar changes and time frames may also be set in Scotland, and for these changes it's also best to keep an eye on the gov.scot website for latest news.**
Various exemptions for properties also exist which, as a landlord, you need to apply for to receive the exempt status.
Easy ways to improve your EPC rating now
Although there is no set date as to whether or when these EPC regulation updates will be introduced, changes will be almost inevitable, so it’s a good idea to start planning now and spread the cost.
As a landlord, there are various routes you can take to improve your EPC rating. Some will be more costly, whereas others may be quick yet efficient changes or fixes to your property. Of course, this all depends on the type of property you own and its current rating. Your current EPC indicates improvement you can make to your property, and in addition to these, you may want to explore the following options:
Replace your old boiler with a more energy efficient, A-rated boiler:
Swapping out an old boiler in your property is an excellent way of improving your EPC rating, as newer boilers require less energy to run and are more efficient when heating a home.
Install smart home devices
There are various options as to how you can incorporate smart devices to make your property or home more energy efficient. For example, a smart thermostat or smart LED lightbulbs allow you to control your heating and lighting even when you’re not home. So if you’ve forgotten to switch the lights off, you can simply flip the switch via your mobile app. If the chimneys in your property aren’t in use, installing chimney dampers help reduce draughts and loss of heat.
Blocking up chimneys
If the chimneys in your property aren’t in use, installing chimney dampers help reduce draughts and loss of heat.
These changes may be small and may not be enough to allow you to be in line with the potential Government changes, but can provide you with a starting point.
If you’re looking to invest more time and money, there are many other changes you can make, including;
- Installing triple glazed windows;
- Improving the insulation in lofts, outside-facing walls and underfloor insulation (especially at ground level).
What are the benefits of improving your EPC rating now?
As a landlord, you can start spreading the cost of making upgrades in line with the potential changes in EPC regulations. Additionally, you’re making your property more marketable to current and future tenants by being able to highlight it as a ‘greener’ and more energy-efficient home. In this time of high-energy costs, the more energy efficient a home is, the more attractive it may be to prospective tenants.
There are many factors to consider when improving your EPC rating. By starting with an up-to-date property valuation, you can gain a greater understanding of your property’s value and where to go from there.