From April 6 2008, Energy Performance Certificates (EPCs) will be required for sale, rental or construction of commercial buildings, starting with largest premises and rolling out to all premises over 50m² by October 2008.
During the lead-up to implementation there has been uncertainty over a number of key issues including whether there will be enough assessors for the market.
RICS supports the policy of commercial EPCs but believes that successful implementation is still far from assured.
We have made a number of recommendations to Government at this critical juncture.
RICS Recommendations include:
- The Department of Communities and Local Government (CLG) must proactively monitor the effects of EPCs on the business community and property market through 2008 and 2009. Key considerations include ensuring businesses are able to find an accredited energy assessor with ease and evaluating the cost of assessments.
- CLG should take action to maintain the credibility of the EPC with the business community and property industry. Inconsistencies between the regulations and guidance will create loopholes resulting in EPCs being undermined. This may be amplified if there is a lack of certified assessors or if the price of assessments spikes beyond a reasonable level.
- If a shortage of assessors occurs, CLG should extend transitional arrangements to all premises. Extending the time for property owners to supply an EPC, rather than allowing default without penalty would better maintain faith in the system.
- CLG must now dynamically promote the use of EPCs and increase awareness for the forthcoming implementation of EPCs for smaller premises in July and October. There is a long lead time before information on regulations reaches all sections of the smaller premises market.
RICS’ view
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