Did you know that Energy Company Funding, available to help private landlords make energy saving improvements to their properties comes to an end in October 2018?
With the new Minimum Energy Efficiency Standards (MEES) in place, all landlords hold a responsibility to ensure their properties meet the legal standards. Now is the time to make the most of the funding that is available.
As part of the new regulations, if you are a landlord and your property is less than the minimum EPC rating of E, you must not renew existing or grant new tenancies. Tenant’s also have the right to ensure their rented property meets standards. Solicitors, Citizens’ Advice and other charitable organisations will act on behalf of tenants to enforce this new law.
How can we help?
Through our partner, Green Deal First, we have access to over £30million of energy company funding.
This can help landlords to make energy saving improvements, increasing the EPC rating of their properties, whilst avoiding legal action and compensation claims.
We can offer support through two separate funding streams:
- The Home Heating Cost Reduction Obligation is targeted to reduce the cost of heating homes through better insulation and more efficient heating systems. If your private renting tenants are in receipt of certain income related benefits, they can qualify to have energy saving measures installed to the property.
- The Carbon Emissions Reduction Obligation (CERO) is the funding stream designed to reduce the country’s domestic carbon footprint. The funding applies to any home (both social and private) and focuses on insulation. 15% of CERO activity must be carried out in rural areas.
Need Help? Call us today on 0800 689 3415 to find out more.