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There are many things to consider when you’re thinking of buying a holiday let, and having an Energy Performance Certificate (EPC) is one of them.
An EPC is a mandatory document that you must have available when owning any building in the UK. It states how energy efficient your building is, and what impact it is having on the environment.
Read on to discover all you need to know about EPCs for holiday lets…
What is an EPC?
Are EPCs a Legal Requirement?
How to Get an EPC
How much does an EPC cost?
How are EPCs calculated?
Advantages of having an EPC for your holiday let
How to improve the Energy Performance Rating for your holiday let
EPC stands for Energy Performance Certificate. This is a compulsory document put in place to try and improve energy efficiency across the UK – every building must have one by law. An EPC tells you how energy efficient your building is on a scale of A (most efficient) to G (least efficient), as well as the environmental impact that your property could have.
Some of the determining factors of an EPC rating include heat and light usage, as well as carbon dioxide emissions. An EPC will tell you how much these are likely to cost, the potential energy efficiency of your building and examples of things you can do to improve your energy performance rating. Discover ways to make your property more efficient with our handy guide to eco-friendly holiday letting.
An Energy Performance Certificate is divided into four segments:
An Energy Performance Certificate is valid for 10 years after each assessment. As EPCs were made mandatory in 2008, your property may still have a certificate.
The gov.uk energy certificate tool will tell you if your property has a valid EPC.
As of 2009, any building in the UK that is available for buying or renting, whether domestic or commercial, is legally required to have an EPC. If you do not have an EPC for your building, you could be charged up to £200 per day.
There are certain conditions that mean some properties are exempt from needing an EPC. For example, holiday accommodation that’s rented out for less than four months of the year is not required to have an EPC in place.
Listed buildings are another exemption to EPC regulations, apart from properties that are in Scotland.
The reason for this is that you may need to make alterations to a property in order to improve its EPC rating, however the Energy Performance of Buildings (England and Wales) Regulations 2012 may prohibit you from making some changes.
To get an Energy Performance Certificate for your property, you will need to book an EPC survey with a Home Inspector or a Domestic Energy Assessor. They will visit the property, have a look around and ask you questions, before using the Reduced Data Standard Assessment Procedure (RDSAP) to calculate your energy performance score.
Find yourself a Domestic Energy Assessor by visiting the EPC Register website.
The cost of an EPC varies depending on the supplier you use, so be sure to shop around for quotes, and ensure that the assessor is EPC registered.
An EPC for a standard property can cost as little as £35, however it is possible that you could be charged £100+ based on factors such as:
There are a number of determining factors that are considered when calculating your EPC rating, using the RDSAP system.
To calculate your EPC rating, the following factors must be determined:
Each of the above factors will be given a rating based on its condition and efficiency. These ratings will be combined to provide an overall energy efficiency score, which will fit into the banding from A-G, with A being the most efficient, and G the least efficient.
You will then be given your Energy Performance Certificate like the one below, which shows which band your property currently sits in, as well as its potential if you were to make some changes to improve your energy efficiency.
You will also be given a list of suggested amendments to make to increase your energy efficiency rating, as well as estimates of your energy usage, CO2 emissions and fuel costs based on properties similar to yours.
There are some advantages to having an EPC certificate at your property, even if it is exempt from being a legal requirement.
Having an EPC completed will highlight points of the property that could be improved in the future – this will then save you money in the long run if you were to carry them out.
An EPC will show the current energy costs at the property, and then the potential costs if the property is made more efficient – this puts it in black and white how easy it is to improve your energy efficiency and save some money at the same time.
By taking the potential energy savings onboard, you will not only save future costs, but it will also help in reducing CO2 emissions -making a difference towards helping to save the planet.
Also, consider highlighting the certificate in the property or via the welcome folder, along with what has been adjusted in the property to improve the rating. This shows to guests how proud you are of what you have achieved and how you have done it.
Find out more information regarding safety in our holiday let health and safety requirements.
*Based on a 7 bedroom property in the Lake District with bookings between October 2017 to September 2018.
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