In a time when it is not uncommon to be obsessed with energy prices and the usage of fuel, heating and lighting, EPCs or Energy Performance Certificates may just be more important now than ever. These certificates are essential and it is even against the law not to have one when marketing for sales or lettings. So, what is an EPC, and why is it so important to have? Read on to find out more.
What is an EPC?
An Energy Performance Certificate is a way in which the energy efficiency of any building can be rated and proved. An EPC shows how each building compares in terms of their energy efficiency through ratings given between A (most efficient) to G (least efficient). These certificates are valid for ten years once they are awarded. This system is regulated by the European Directive which works on the energy efficiency of buildings.
Why is it important to have an EPC?
There are a few reasons why it is important and useful to have an EPC, so here are just a few that might apply to you.
Marketing properties
If you are looking to sell or rent out your property, it is the law that you provide an EPC. The consequence of being caught failing to do this is a fine of around £200 for each breach of the rules that you have made. To avoid losing out on penalty fees, make sure to get your EPC in place well in advance. An EPC only costs around a minimum of £35, so it is worth following the rules to avoid losing out.
Constructing new property
The rules are similar when it comes to the construction of new properties. Every building that is newly constructed will need to have an EPC which must be carried out by an energy assessor.
Reducing bills
An EPC, alongside the energy efficiency rating, will also include advice on how to improve the efficiency of energy of your property. This is a very helpful tool and gives you some insight and tips on how to reduce your energy bills, something that is likely to be very useful considering the current energy pricing situation.
Buying homes
When you look into buying or renting a home, you need to make sure you can see the EPC. Since it details how efficiently the house stores and uses energy, it is a crucial factor for you, especially as a homeowner. If you are considering staying at the property for a significant amount of time, you are likely to want to look for somewhere that means you can keep your energy bills as low as possible and avoid wasting money. The certificate will indicate what can be done to improve the building’s energy efficiency, so this is worth noting too since you could benefit from making these changes and still buying or renting a home with lower energy efficiency if it is somewhere you are determined to stay.
Arrange your EPC assessment
Whether you are renting out a property or looking into buying, it is important to take note of the building’s energy efficiency. All you need is an energy assessor to award your rating to save you hundreds in fines, so make sure to get your EPC today!