How Does A Commercial EPC Work?
An EPC will inform potential buyers how energy efficient the property they are looking at is. It will also show how much it will cost to heat and light it up, its estimated carbon emissions and what can be done to improve its energy efficiency rating. An EPC must be carried out by an accredited energy assessor.
At Silk Letting Ltd, we will assess all of the rooms and the loft in the property. We will also examine all heating systems and document the findings.
A physical inspection and EPC survey will be carried out whereby a number of factors such as lighting, cavity wall and loft insulation, central heating systems and ventilation will be examined. This should take around 1-2 hours, depending on how complex the building is.
Upon completion of the assessment, you will then receive an Energy Performance Certificate and this will be published to the official government register within 48 hours and you will also receive a copy of the EPC.
To enquire about getting a commercial EPC for your property or to find out more about the process, get in touch with us.Speak with an expert
What Requirements Are There For An EPC?
If a commercial building has a floor space of over 500 square meters and is open to the public, then it is a requirement for an EPC to be displayed clearly to visitors entering the premises. Failure to do this can result in a £5000 fine.
If a commercial EPC is not accessible to prospective buyers or tenants, then there are penalties in place, fixed at 12.5% of the building’s rateable value.
Landlords of commercial properties are also not able to renew or give out a tenancy to tenants if the property’s EPC rating falls to band F or G (unless it meets exemption criteria).
Proof Of Assessment
You are allowed to start advertising a property on the market even if you haven’t obtained your EPC yet, as long as you can prove that you have booked an assessment.
Listed Commercial Buildings
If your commercial property is considered to be a listed building i.e. it has architectural or historical value and is on the National Heritage List for England, then it will not need a commercial EPC. Commercial buildings are exempt if the improvements needed to boost energy efficiency would come at the expense of tarnishing the building in some way.
How Is Commercial EPC Calculated?
A property’s energy rating can be determined by a variety of different factors:
- The construction type of the property such as roofs, floors and glazing.
- The consideration of the building being split into different sections with a different purpose for each.
- How heating and ventilation systems function.
- The use of lighting.
EPC certificates will be graded from A-G, with A being the highest you can get. If a building receives an A EPC grade, then it has a rating of 0.25, meaning that it produces zero net carbon dioxide emissions.Get started
What Are The Benefits Of Having A Commercial EPC?
Improve Energy Efficiency Of Buildings
An EPC will provide recommendations on ways in which to improve the energy efficiency rating of the property. This will be useful for potential buyers or tenants as it can help them to understand what might need to be implemented in order to make the building more energy efficient.
They Last For 10 Years
Once an EPC has been granted, it will be valid for 10 years and will not need to be renewed unless big changes are made to the property.
Why Choose Silk Letting Ltd For Your Commercial EPC?
At Silk Letting Ltd, our expert team offer professional non-domestic EPC services to make sure that your property has a completely accurate energy efficiency rating for prospective tenants.
We offer bespoke quotes with all-inclusive fees, including lodgement and registration.
Silk Letting Ltd is a leading independent agent and business broker, made up of a close-knit team of marketing specialists. We specialise in helping business owners to sell their companies for the best possible price, reflecting what their company is truly worth. We also offer professional solicitor services and fully accredited commercial EPC assessments.
We pride ourselves on delivering exceptional customer service and confidential friendly advice. At Silk Letting Ltd, we will always abide by conducts as legislated by The Property Ombudsman and NAEA Propertymark, with your interests at the heart of everything we do.
You can get in touch with us for a quote or to find out more information on EPC bookings.
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Frequently asked questions
Can’t find what you are looking for? Feel free to get in touch with our team to discuss any questions you may have
Why is an EPC required?
An EPC provides potential buyers of a building information about the energy efficiency of it and advice on how to improve its performance.
Can you let a property without an EPC?
It is against the law to put a property up for rent if you haven’t got an EPC.
Do I need an EPC for renting?
Landlords are required to get an EPC every ten years. It is a legal requirement to have a valid EPC when a building is constructed, rented or sold.
Is EPC mandatory?
Yes, you must have a valid EPC in order to start advertising your property to potential buyers and tenants or you can risk being fined between £500 and £5,000 depending on the value of the building.
When is an EPC not required?
There are certain exemptions that do not need to have an EPC:
- A building that is about to be demolished.
- Temporary buildings that will not be used for more than two years.
- A detached building with a floor area of less than 50m2.
- Places of workshop.
- Industrial sites.
- Non-residential agricultural buildings.
Can I appeal a fine for not having an EPC?
If you have received a fine for not having a valid EPC and you feel that this is unjustified, then you are able to appeal and ask for the situation to be reviewed. Information on how to make an appeal will be outlined on your penalty notice charge.
If your review is unsuccessful, you can also appeal to the county court (or sheriff court for those based in Scotland) within 28 days of receiving your penalty notice.
Is there a minimum EPC rating requirement?
As of April 2018, new regulations say that a property lease can only be renewed or granted to a tenant if the property has an EPC rating of E or above.
Properties with an EPC rating of F or G cannot be taken on by tenants or buyers unless measures have been taken to improve the energy efficiency rating of the building.