Did you know that businesses that own premises with good EPC ratings can have better access to finance?
Many lenders, both commercial and public, are using EPCs as a metric in determining eligibility or access to preferential terms for business finance. This generally applies to rating ‘C’ and above. ‘Green’ loans and mortgages for example can have lower interest rates, whilst some Government funding schemes preclude the worst performing premises.
How can you improve your property’s EPC?
All the information you’d need is all there in the associated Recommendations Report. In many of the EPCs we see, and in our experience, improvements to heating controls feature strongly. This is generally inexpensive to address and will yield immediate returns. Other recommendations will relate to limiting solar gain, lighting upgrades, improving insulation, changing heat source and installing solar PV.
All of these measures will reduce the energy costs associated with the building, and of course, reduce the business’ carbon emissions.
Once you’ve made these improvements, of course you have to have the building assessed again and a new EPC issued.
If you’re not sure how to interpret the EPC Recommendations Report, we can help.