UK Government Proposes Energy Efficiency Upgrades for Rental Homes
Plan aims to improve housing standards and cut renters' energy bills, but concerns grow over costs and potential rent hikes.
- The UK Government has introduced a proposal requiring rental properties to achieve an Energy Performance Certificate (EPC) rating of C or higher by 2030, with a 2028 deadline for new tenancies.
- The plan could save renters an estimated £240 annually on energy bills and lift up to 500,000 households out of fuel poverty, according to government estimates.
- Landlords may face upgrade costs ranging from £6,100 to £15,000 per property, with caps and exemptions based on rent levels or council tax bands, but clarity on funding gaps remains limited.
- Critics warn that the policy could lead to evictions, rising rents, and landlords leaving the rental market due to financial pressures and a shortage of qualified tradespeople to carry out upgrades.
- Housing advocates and experts emphasize the need for government support, including funding for local councils and protections for renters, to ensure the policy achieves its goals without exacerbating housing instability.