What is an EPC?
An Energy Performance Certificate (EPC) is a crucial document for property owners in the UK, serving as a comprehensive report that outlines the energy efficiency of a building. The certificate uses a scale from A to G, with A being the most energy-efficient and G the least. It not only shows the current energy efficiency but also suggests improvements that can be made to save energy and reduce costs.
Benefits of an EPC for Durham Property Owners
- Cost Savings – One of the most direct benefits of having an EPC is the potential for cost savings. Property owners can identify where they can make effective energy-saving upgrades, resulting in lower energy bills over time.
- Increase in Property Value – Properties that rate higher on the EPC are generally considered more valuable, appealing to potential buyers or renters who prioritise energy efficiency and lower utility bills.
- Environmental Impact – Implementing the recommendations on an EPC can significantly reduce the carbon footprint of a property, thereby contributing to the broader societal goal of sustainability and environmental conservation.
Upgrades Property Owners Can Make
- Insulation – Adding or improving insulation in your property can make a significant impact on its energy efficiency. This includes loft insulation, wall insulation, and floor insulation.
- Heating System – Older boilers and heating systems can be energy hogs. Upgrading to a more energy-efficient model can lead to considerable energy savings.
- Windows – Double-glazed windows can make a huge difference in retaining heat, thereby reducing energy costs. For older properties in Durham, especially, this can be a game-changer.
- Solar Panels – Although a pricier upfront investment, solar panels offer long-term savings and can remarkably improve your EPC rating.
The UK government has set regulations that make it obligatory for property owners to have a valid EPC when renting out or selling their property. Since April 2018, landlords must ensure that their properties meet a minimum energy efficiency standard, usually an EPC rating of ‘E’ or higher, before renting it out to new tenants. Failure to comply can result in penalties.