Energy Performance Certificates for Commercial Property
An EPC will be required to accompany sales and letting particulars for all commercial property from 1 October 2008.CEA - Commercial Energy Assessors together with their consultants can provide commercial EPC's for Portsmouth, Southampton, Chichester and surrounding areas.
Contact us for further information and/or a competitive quotation:
Tel: Kieran Godkin on 01329 826321 / 07979 800264.
Email: energy@beals.co.uk
Executive Summary
On 1 October 2008, it will become a legal requirement to provide a
Commercial Energy Performance Certificate (EPC) with the sales particulars
for any commercial property that is being marketed for sale or to let in England
and Wales including property on the market at present but not let or sold before 1 October 2008.
The Commercial EPC looks similar to the 'fridge' style EPC that is used in house sales and
will rate the energy efficiency of the building by applying zoning methods to calculate the energy
efficiency of the building and estimating how much carbon dioxide escapes into the atmosphere.
It will give each property (or part of a property) a rating from A-G.
Unlike the EPC software used for residential property, the Commercial EPC software
makes many fewer assumptions, so the Commercial Energy Assessor has to collect much
more data and comment on the fabric of the building and the services in much more
detail. The Commercial Energy Assessor has to be more qualified and skilled and the
whole energy assessment process takes significantly longer. The result being that
the Commercial EPC is significantly more expensive than its residential counterpart.
Fees will vary from £400 to £3,000 per building, depending on the size, complexity and
heating and cooling facilities of the building.
The agent marketing the property must provide an EPC with the sales particulars
and free of charge, to all prospective purchasers or tenants. Failure to do so
would make the agent/landlord liable to a fine from the local trading standards
officer of between £500 and £5,000 based on rateable value of the property concerned.
The Commercial EPC can only be carried out by a qualified Commercial Energy Assessor.
The reports also contain recommendations as to how to improve the energy efficiency of
the property and achieve a higher grading. This should improve saleability by making
the building cheaper to run and with a lower carbon footprint.
For more information and questions about EPC's please visit our FAQ's section here.