The rules around EPCs are changing and you need to act now to avoid incurring fines.
An F or G rating means that it is unlawful for you to let your property and a low rating of C to E could impact your properties market value and the ability to generate attractive rental income.
Commercial EPC’s show the efficiency of a Building in graph format and comes with a separate Recommendation Report.
The MEES Regulations will be enforced by Local Weights and Measures Authorities (LWMAs). LWMAs will have powers to impose civil penalties which are set by reference to the property's rateable value.
Domestic properties require an EPC (Energy Performance Certificate) upon letting or sale. This Certificate needs to be in place at the commencement of marketing. This includes flats and houses that are self-contained.
EPCs last for 10 years and must be renewed at the end of this period.
All larger public buildings will require an annual Display Energy Certificate (DEC) highlighting their energy performance. This is to be displayed prominently in a place visible to the public. These buildings will also require an Advisory Report (AR) providing recommendations for energy improvements each seven years
You must provide the EPC to a prospective tenant or buyer no later than the actual viewing and it must be included with any other written information provided. A penalty is incurred if you fail to make an EPC available to prospective tenants or buyers. The rate is 12.5% of the value of the property (minimum of £500 to a maximum of £5,000).