With the rising costs of living and current energy crisis, combined with energy performance certificate (EPC) requirements in rental properties, what can landlords do to improve energy efficiency and reduce heating bills for tenants?
There are many reasons and motivations for landlords to make property improvements in response to the energy crisis, in addition to making life easier for tenants.
Legislation is getting tougher on energy performance certification (EPCs). As of April 2018, all new tenancies had to achieve an EPC rating of E or above. This could rise to a rating of C or above from 2025.
The better the EPC rating, the lower the energy bills for tenants and the more appealing the property becomes for future rentals or sales. It therefore makes financial sense to make the changes sooner rather than later.