Energy Performance Certificates explained
- 27th August 2008
- Property Tips
The deadline of the 1st October 2008 is fast approaching when all rental properties with a new tenancy will need an Energy Performance Certificate.
The EPC looks similar to the energy labels found on white goods such as fridges and washing machines. By looking at it tenants will be able to see how energy efficient and environmentally friendly your property is.
Properties will be rated from A-G (A being the most efficient) with heating, hot water and lighting costs shown. A list of recommended energy saving improvements will also be shown.
The EPC will cost between £75 and £100 depending on the size of the property and will remain valid for ten years. If you don't complain you could find youself fined £200.
The following tips will help you receive a rating as high as possible
- Insulate your property using cavity wall insulation and loft insulation to a depth of 270mm
- If your boiler is over 15 years old it's probably time to replace it. You will get a better rating if it is combined with heating controls
- Fit a hot water tank jacket
- Consider double glazing - though it is expensive it will reduce noise and lower heating bills which will be attractive to tenants
- When purchasing new appliances look out for the Energy Saving Recommended logo
There are grants available and remember it is possible to save income tax by claiming under the Landlords Energy Saving Allowance. If any of your tenants are claiming benefits there might be additional grants available.
It is possible to see how energy efficient your property is by filling in a questionnaire from the Energy Saving Trust. They will send you a personalised report based on the information for free.
If you have a high turnover of tenants don't delay, you don't want to turn potential rental income away because you are waiting for certification.
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