The Energy Act 2011 gave the government powers to set a minimum energy efficiency standard for the private rented sector to help meet carbon reduction targets and address fuel poverty.
Therefore, a Minimum Energy Performance Standard for the private rented sector is being introduced. The Private Rented Sector Energy Efficiency Regulations (Domestic) sets out:
- Tenant's energy efficiency improvements
- Minimum energy efficiency standards
Minimum energy efficiency standard regulations will require eligible properties in the sector to be improved to a specified minimum standard. These regulations must be in force by April 2018.
Landlords will face a penalty charge of up to a maximum of £5000 for non-compliance.
Until recently, Lewisham Council, in partnership with Osborne Energy, set up an offer to help improve the energy efficiency of rental properties with up to £7200 grant funding by property. Funding was available to landlords with rental property in Lewisham, Bexley, or Bromley.
Whether or not further offers are made available from these or other sources, landlords clearly need to be investing in this area going forward.
Website: www.osborneenergy.co.uk
