Coming into effect from 1 April 2018, Minimum Energy Efficiency Standards (MEES) will make it unlawful to grant new leases to properties with an F or G Energy Performance Certificate (EPC) rating. From April 2023 the rules will be extended to include all existing commercial leases.
According to figures from Landmark, who hold a government database of all EPC rated properties, it is estimated this legislation will affect nearly a fifth of EPC building stock.
The legislation will apply to all new leases, extensions, renewals and sub-lets (from 6 months to 99 years). However, there are some exemptions; these relate to the cost effectiveness and ROI of updates required, third party consent and devaluation. Our experts can help you navigate the guidelines and assess your properties to ensure you make the right decisions on how to comply for your business.
It is imperative to get on the front foot with MEES compliance so you can actively reduce the risk of fines, vacant premises and property value depreciation.
Failure to comply with the Regulations will result in landlords facing a financial penalty and a publication of non-compliance. Local authorities will enforce the provisions via Trading Standards Officers, with fines up to £150,000.
Effectively managing property portfolios through MEES can be a complex task and the Utilitywise team are perfectly placed to support, with a large team of technical energy assessors and EPC experts offering EPCs of the highest standard. Not just satisfying a compliance tick box but delivering true value, offering strategy to enhance ratings and protect the value of your estate.
We are able to offer a fully managed MEES service, from an initial analysis of requirements to delivery of energy efficiency projects to make buildings MEES compliant.
If you have any questions or would like us to get in touch, please contact the Utilitywise team using the form below.