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Commercial property landlords face fines for non-compliance with the government’s new energy efficiency regulations.
Commercial property landlords face fines of up to £150 000 if they fail to comply with the government’s new energy efficiency regulations.
Landlords are no longer able to let energy-inefficient commercial space with an energy performance certificate (EPC) of F or G without making improvements. But there is a silver lining to the strengthened minimum energy efficiency standard (MEES) legislation said Alun Oliver managing director of E3 Consulting with tax breaks for bringing energy-inefficient buildings up to scratch.
About 18% of commercial properties in England and Wales have an EPC rating of F or G and since 1 April landlords have been unable to let them on new leases without remedial action.
Mr Oliver said: ‘Although in a few cases the situation can be easily rectified most...
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