Energy Performance Certificate (EPC)
This article was written on 18 Aug 2008
Oh great, being a landlord just got even more expensive. Apparently the tenancy deposit scheme wasn’t draining enough money out of landlords, so now they’ve decided to throw in another mandatory pile of shit- an Energy performance certificate.
From the 1st of October 2008, Landlords must provide an Energy Performance Certificate to all new and prospective tenants.
Know what the best part is? Landlords won’t even benefit from the packs unless they have an “I only rent to hippies” policy.
What is an Energy Performance Certificate?
The certificate will give each building a SAP (Standard Assessment Procedure – out of 100 possible) rating, and this will equate to an energy rating from A to G, similar to those seen on white goods. For those who don’t speak geek, in English it means, it will show the energy efficiency levels of a property.
What’s the point of an Energy Performance Certificate?
Apparently it will show potential tenants how energy efficient a property is. So for example, if a property isn’t well insulated, thus not very efficient, the odds are they may have to spend more on heating bills per year.
How much do Energy Performance Certificates cost?
I’ve seen them as cheap as £40, but I’ve also seen them priced at £100. It ultimately depends on the location of the property, from what I’m aware. However, I would definitely shop around for quotes, because it can competitive.
How often will they need to be renewed?
Each certificate will last for 10 years unless major renovation work is carried out on the property. Property owners can voluntarily get a new certificate after installation of energy efficiency measures – particularly if these improve the energy rating.
Where do I get a Energy Performance Certificate from?
The certificate must be produced by an accredited energy surveyor. There are plenty of providers around. All you need to do is Google something like, “Energy Performance Certificates provider [insert county]”
Improving energy efficiency
The top five recommendations given by assessors for improving energy efficiency have been: cavity wall insulation, changing to low energy lighting, putting thermostatic valves on radiators, loft insulation, and double glazing. You know, just in case you care…
Final thoughts
Ok, so the piece of toilet paper lasts for 10 years, but still, don’t these fools realise that we’re in the middle of a credit crunch, and shelling out an extra £100 (approximately) could be the difference between eating and dying of starvation? The cost of being a landlord is always increasing, and it seems a bit unfair, in my opinion.
Besides, seriously, will renters even care about these certificates? More to the point, will the majority of renters even know about these certificates to request an inspection of the documents? Doubtful.
UPDATE: Due to some confusion, I thought i’d just clarify. I think being “green” is awesome. Being energy efficient IS a good thing. I’m crying like a baby because of the extra costs involved with being green. The point is, having this document won’t make a property more energy efficient. Moreover, tenants are unlikely to know anything about the document, therefore won’t even care about the energy efficiency certificate.
Why should being “green” cost us more? It seems ridiculous.
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Talk / 7 Comments
I'm disagreeing with the extra costs. Why should being "green" cost more money, in an industry which is already expensive?
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Prices for other rental properties are more likely to be £55 upwards.
For your EPC requirements in the South Wales Valleys contact deadux@hotmail.co.uk
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Yes, the Government (and local Councils) have been pathetic in not telling tenants about EPCs - they are there to help YOU decide where to live.
Landlords MUST have an EPC before they advertise the property. If they don't, they are liable to a £200 fine. Contact your local Trading Standards and report Landlords who don't provide an EPC when you make an enquiry to rent... bit draconian, but this'll get em into line and, in the end, there'll be a level playing field for Landlords (& Tenants)and all will benefit!
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I consider it an advantage for a property to be energy efficient.
Even if it was not compalsory you should consider it as an advantage your property to be energy efficient since it will make it stand out from the rest properties.
Tenants will consider it as and advantage since they will need to pay less in utility bills.
Finally property efficiency is good for our planet!!!
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