What is the likely impact of an EPC for tenants?
The EPC gives the tenant an indication of the estimated property running costs based on standardised consumption and average fuel prices current when the EPC was produced. Tenants can use this information when comparing properties to rent. The EPC also includes the floor area of the property, which can also be used as a comparison tool. Some items in the EPC will clearly be up to the tenants to control, such as the amount of fuel consumed and other factors. The recommendation report will set out lower cost measures (up to 500) and higher cost measures above this figure.