In the UK, once you have made changes in your house and receive a good EPC Energy Rating or a rating backed by an Energy Performance Certificate (EPC) then while buying, selling or renting your home you can expect a good price for it.
The house that you live in which you call home means a lot to you. If you make your home energy-efficient then it can become even more inviting and full of warmth.
In order to make energy improvements in your house, you have to first understand how energy is consumed in your home. This understanding will help you to identify all those areas for improvement that need to become better. The changes you make will then help you in reducing emissions and saving money.
All these benefits come once you start working actively to improve the EPC rating of your home.
What Factors Determine EPC Rating
There are two main factors that drive the EPC Rating of your home.
How much energy is being used per m² in the house
How much is the level of CO2 emissions in the house (in tonnes per year)
Once you get an EPC rating for your house, then the energy performance certificate will be valid for the next 10 years. If the EPC of your house is more than 10 years, then you’ll need a new EPC for your home. You cannot sell, or even rent your home till you have a new EPC.
EPC rating is a helpful tool for you, the homeowner, as it helps you to improve the energy efficiency and comfort of your home.
Enduring Value of a High EPC Rating
Before you decide to sell your house, you need to have an EPC of the house that is valid. Any potential buyer who needs to compare the value of a house will want to know the EPC rating of a house. A high EPC rating means a high financial value of the house. So any A-rated property will naturally be chosen over a low G-rated one.
Interestingly, even if your house does have a low EPC rating, then you need not worry so much. The EPC certificate tells you what steps you can take to make your house energy-efficient and get a higher rating.
Once you have taken steps to improve the home energy consumption, then get a new survey done of your property. This survey can reflect the changes you made and get your house a higher EPC rating.
What the Law Says
The law says landlords in England and Wales are required to procure an EPC rating of E band or above if they want new tenants for their properties or even renewal of tenancies. This law has been operational since April 2018.
If you need to claim government incentives like Renewable Heat Incentive (RHI), then you need to have an EPC of your property.
Get in touch with an accredited domestic energy assessor to get a valid EPC for your house.
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