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Energy efficiency is a hot topic at the moment.
With the Government launching a consultation on the way EPCs are calculated – and with another on energy efficiency standards in the pipeline, we know that the rental homes of the future will need to reach much higher standards with the Government proposing a minimum C rating by 2030.
Last week marked Energy Savers Week, a national awareness campaign dedicated to helping people save money and energy by making their homes more efficient.
It’s a no-brainer. Energy-efficient properties aren’t just beneficial for tenants, they make good business sense for landlords too – and not just those who bundle in bills with rent. Improved energy efficiency can improve property value and lower maintenance costs over time, so what’s not to love?
Of course, it is not always a simple process, with some homes – typically older properties – more challenging when it comes to making improvements and increasing EPC ratings, something we will be raising with the Government in our official response to both consultations.
However, there are some easy changes you can make to ensure your rental property is more energy efficient; and advice you can share with tenants to help keep bills down and homes warm.