UpKeep Warns of 'Compliance Crisis' as New Energy Regulations Set to Cost UK Landlords Billions
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UpKeep Warns of 'Compliance Crisis' as New Energy Regulations Set to Cost UK Landlords Billions
"Starting from 2030, all privately rented homes in England & Wales will be required to meet a minimum Energy Performance Certificate (EPC) rating of C or higher. This represents a significant tightening from the current minimum standard of EPC E. The government's commitment to this new threshold is a key feature of the UK's net zero growth plan, which seeks to decarbonise the national energy system operator's portfolio and reduce carbon emissions from the building stock."
"The new standard could cut tenants' annual energy bills by around £240, but it also presents a major financial challenge: landlords face retrofit costs estimated between £6,000 and £7,000 per property. The Department for Business, Energy & Industrial Strategy (BEIS) has estimated that average upgrade costs range from £6,100 to £6,800 per property. Currently, only 48% of private rented homes in England meet the EPC C standard or higher, leaving approximately 2.4 million dwellings requiring substantial improvements to comply."
All privately rented homes in England and Wales must achieve at least an EPC C rating by 2030, raising the current minimum from EPC E. The measure forms part of the UK's net zero growth plan to decarbonise the national energy system operator's portfolio and reduce emissions from the building stock. The new standard could lower tenants' annual energy bills by about £240 but requires retrofit investments typically estimated at £6,000–£7,000 per property. Only 48% of private rented homes currently meet EPC C, leaving roughly 2.4 million dwellings needing upgrades. Local authorities can fine non-compliant landlords up to £5,000 per property.
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