Fine risk in energy failing
OWNERS of commercial and non-domestic buildings in the Tees Valley could face substantial fines if they fail to comply with energy slashing regulations on new buildings.
Jane Armitage, commercial property partner at Middlesbrough-based Jacksons Solicitors, said: “The regulations are being phased in so owners should be aware from when their buildings will need to comply since the penalty is set at 12.5% of rateable value of the building with a minimum of £500 and a maximum of £5,000.” - The European Union’s Energy Performance of Building Directive imposes minimum energy performance requirements for all commercial property.
New buildings and large buildings, which are subject to major renovations, must meet these minimum performance requirements.
Energy Performance Certificates (EPC) must be made available to prospective buyers and tenants whenever a building is constructed, sold or rented and Display Energy Certificates (DEC) must be displayed in large buildings occupied by public authorities and by institutions providing public services.
“Buildings with a total useful floor area of more than 10,000sq m have been affected since April 6, 2008,” said Ms Armitage, pictured.
“When a building is to be sold or rented out (save on lease renewal) the seller or landlord must provide any prospective buyer or tenant (which includes an assignee or sub-tenant) with a valid EPC and a recommendation report free of charge at the earliest opportunity.”
An EPC contains information about the energy efficiency of a building and grades property from A to G, with A being very efficient and G being the lowest rating.
An EPC is generally valid for 10 years.
