May, 2023
Property News

What You Need To Know: Changes To Energy Efficiency Legislation for Commercial Property

by Julia Ford

We were keen to share a topical post published by Yorkshire Business Insider recently which discusses the new energy efficiency requirements for commercial property. 

The article written by David Fairley, partner, building consultancy & commercial energy assessor at Sanderson Weatherall confirms that a change in the energy performance regulations came in to force on 1st April of this year – meaning all leased properties now require an an Energy Performance Certificate (EPC) with a minimum E rating. 

Towngate PLC knows all too well what is required to achieve the targets set and has worked hard over the last couple of years to ensure that all its properties are working towards achieving higher EPC ratings. We are pleased that from a portfolio of over 200 industrial units to let, the majority have achieved ratings ranging from A to D.

As an expert within the field, David expects to see further changes to energy performance regulations over the coming years, which will create more obligations on both landlords and property owners. These changes are inevitable given the environmental targets that have been set to slow climate change. 

We spoke to Jake Wilde, facilities manager at Towngate PLC to understand how their property investment and management business manages its energy ratings and performance across such a vast portfolio:

“We work closely with our tenants, many of whom have been proactive in making changes to their energy efficiencies – along with maintaining open communication with our building contractors and our EPC experts; Chevin energy assessors. This ensures we are implementing the most appropriate options in terms of energy performance longevity, at every stage of a refurbishment.”

For a full breakdown of what you need to know and to find out more including: 

  • What is a Commercial EPC?
  • What further changes are expected? 
  • What happens if a property isn’t compliant?
  • How can you improve your property’s EPC rating?

Please click here to read the full article published on Yorkshire Business Insider website.