FAQ's: Frequently Asked Questions
Why are Energy Performance Certificates being introduced?
It is fact that ‘buildings’ contribute over 50% of the carbon omissions in the UK. The introduction of EPCs will highlight the existing energy efficiency of a building and what can be done to make it more efficient - as part of the UK's commitment to tackling climate change.
What is an EPC?
An EPC is effectively a 5 page document that:
- Expresses the energy rating of the building (A [highest] – G [lowest]) and a numerical value. It will look similar to the ‘fridge’ style EPC that is used in house sales.
- Contains the total useful floor area, address of the property, name and address of the Energy Assessor and the date it was issued with a registered reference number.
- Is accompanied by a recommendation report with suggestions of how the energy rating could be improved in the short, medium and long term.
The purpose of the EPC is intended to inform new buyers or tenants of a building about the energy performance of a building so they can consider energy efficiency as part of their investment/business decision to occupy that building.
How long are EPCs valid for?
An EPC for a Commercial Building is valid for 10 years, or until a newer EPC is prepared.
What happens if I do not have an Energy Performance Certificate?
The Penalty for failing to make an EPC available to any prospective buyer or tenant when selling or letting non-dwellings is fixed, in most cases, at 12.5% of the rateable value of the building, subject to a minimum penalty of £500 and a maximum of £5,000. Where this formula cannot be applied, a flat penalty of £750 will be charged.
How long will it take and how much will it cost?
The time taken to perform an energy assessment will vary according to the size and nature of the property. In view of the wide variation within Commercial buildings, it is not possible to provide a meaningful 'average' time or cost; however, please feel free to contact us to arrange a quotation through our partner company.