What is a Commercial EPC?
A commercial EPC (Energy performance Certificate) is a report which shows how energy efficient a commercial building is. Whether it is an office, hotel, warehouse or used for retail, commercial buildings must have an EPC assessment carried out if it is to be sold, leased or if it has had construction work done.
Your commercial EPC gives the building an energy efficiency rating of between A and G, with A being the most energy efficient that is possible. Having a good energy efficiency rating can be good for attracting buyers or tenants as it means lower fuel costs for them in the future.
Do I need a Commercial EPC?
It is a legal requirement to have a commercial EPC if you are selling or leasing out your commercial property, or have carried out construction work, extensions or alterations to the property which could affect its energy rating.
Landlords or sellers must apply for their commercial EPC before they put the property on the market or out to rent.
What are the benefits to having a Commercial EPC?
Obtaining a commercial EPC is a legal requirement in the UK. This can benefit you because having a good energy efficiency rating can help to make your building more desirable to buy or rent.
Another bonus to getting a commercial EPC is that you will be given recommendations on how to improve the building’s energy efficiency. This means that you or your potential buyers or tenants will be able to see (and action) anything that needs to be done to make it more energy efficient in the future.
A commercial EPC is easy to grasp at a glance and can help potential buyers and tenants understand the property’s energy consumption now and in the future.
How long does a Commercial EPC last?
Once your commercial EPC has been done, it will last for 10 years – the same as a domestic EPC. It will be unique to your specific address and will not need to be carried out again unless you make significant changes to the building.
Are there any exemptions?
Some properties don’t need to have an Energy Performance Certificate according to law. These are:
- Places of worship
- Temporary structures which have a planned use of less than 2 years
- Stand-alone properties with under 50m2 of useable floor space
- Properties which are due for demolition – with a demolition order in place
- Low energy demand properties such as agricultural barns
We recommend that you check with a specialist if you think that your property is exempt from the EPC requirement to ensure that you are definitely covered.
Are there penalties for not getting a Commercial EPC?
The law is very clear on its requirement for commercial EPCs. If you fail to obtain one, you could be legible to pay a fine of between £500 and £5000.
In most cases, this fine is 12.5% of the rateable value of the property, or at a default value of £750 when this cannot be calculated. The penalty amount is capped at £5000.
You can legally market the commercial property once that you have booked your EPC, even if you don’t have it yet. Proof that you have booked your assessment is sufficient.
How much does a Commercial EPC cost?
Our commercial EPC prices vary according to the size of the property, but they start from only £100 (excluding VAT). We offer competitive prices and a free, no obligation quote.
What happens during the assessor’s visit?
The amount of time that our energy assessor will be at your commercial property depends on how big it is, and the degree of access that they have to the building.
The energy assessor will look at a number of factors in the building, including:
- The building area size
- Cavity wall and loft insulation
- Hot water and central heating systems
- Energy efficiency of the windows
Getting a Commercial EPC
It’s easy to get your commercial EPC with us here at Nexus. Our energy assessors are all professionally qualified in energy efficiency surveying. We require them to be members of accreditation companies who regularly audit their work and ensure that criminal record checks are up to date.
Our team of energy advisors are also on hand to talk you through the results and implications of your commercial EPC if need be.
If you are thinking about selling or leasing your commercial property, you will need to have a commercial EPC, so why not get in touch with us today?
- Free No Obligation Quote
- Competitive Pricing Guaranteed
- Expert & Experienced Surveyors
- Fast Turnaround & Flexible Survey Appointment Times