Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
Government Sets EPC B Target for Large Commercial Buildings by 2031
The government has announced that commercial buildings of more than 1,000 square metres in England and Wales will be required to meet EPC B targets by 2031. The new requirement will apply to private rented non-domestic properties of this size, where achieving the higher energy efficiency standard is considered cost-effective.
According to the report, the plans specifically target larger commercial properties, with no further details provided for buildings under 1,000 square metres. The announcement forms part of ongoing efforts to improve energy efficiency standards in the commercial property sector.
Letting agents and inventory clerks managing large commercial properties should be aware of these upcoming changes, as compliance with EPC B standards may impact property management and letting processes. The requirement is set to take effect by 2031, giving property owners and managers several years to plan for necessary upgrades where they are deemed cost-effective.
Source: Property118