Energy upgrades for coldest privately rented homes to save billpayers £180 a year
Tenants living in some of the coldest homes in England and Wales are set to benefit from amended regulations requiring landlords to install energy efficiency measures, Energy and Clean Growth Minister Claire Perry announced today.
Since April this year, landlords who own some of the coldest privately rented homes have been required to improve these properties with energy efficiency measures where support is available to cover the costs. The new measures, announced today following a public consultation, will go further requiring landlords to contribute to the cost of upgrades.
During 2019, properties with an Energy Performance Certificate (EPC) rating of F or G, the lowest 2 energy efficiency ratings available, must be made warmer by landlords before they can be put on the rental market for new tenancies. This is expected to cost £1,200 on average and will affect 290,000 properties, which represents around 6% of the overall domestic market.
These changes are expected to save households an average of £180 a year while reducing carbon emissions and potentially increasing property values with analysis showing the cost to the landlord would be more than offset by the increase in property value.