Commercial EPC Bank or Finance building
Do you Require a Commercial EPC on a Bank or Finance building?
If your selling a business or letting out part of a building you will require the building to have an valid EPC.
Please remember that you should organise your EPC on your Bank or Finance building before you market your property. You can be fined between £500 and £5,000 based on the rateable value of the building if you don’t make an EPC available to any prospective buyer or tenant.
All commercial property that is sold or let must have a Commercial Energy Performance Certificate (EPC) commissioned prior to, or within 7 days of being put on the market. There is a further 21 days allowed for the completion and acquisition of the EPC after which time fines can be imposed.
BEST Compliance are experts in Energy Performance Certificates and have undertaken in excess of 3000 Commercial EPCs, from a newspaper kiosk to a weapons research facility we've experienced it all.
BEST Compliance have extensive experience in producing Commercial EPC in Bank or Finance building throughout the country with experience of working for the largest agencies to a local storage company.
If you have any questions or require any work undertaking please don't hesitate to contact us.
Best Compliance also offer a EPC readiness guide click here to view
What are EPCs?
Energy Performance Certificates offer an interpretation of a buildings existing and potential energy efficiency. The assessments are carried out by a fully accredited Energy Assessor who will conduct an appraisal of the subject property noting the exact dimensions of the building, its age, construction type (including the existing HVAC this acronym means heating, ventilation and air conditioning), thermal elements, Lighting, windows and building controls.
The result is produced via the creation of a 3D CAD energy model of the building. This gives an accurate measure of the energy efficiency of the building and is displayed in the form of a letter rating (A-G). There is also another rating displayed on the chart that is the benchmark of similar buildings.
BEST Compliance offer three stages of Energy Performance Certificates, from the standard EPC and recommendation report right the way through to the preparation of the Minimum Energy Performance (MEPS).
Why are Commercial EPC more expensive then Domestics?
Unlike the EPC software used for residential property, the Commercial EPC software makes many fewer assumptions on the property and are rightly based on that specific building and not a notional one as is the case of a domestic EPC, so the Commercial Energy Assessor has to collect much more accurate data and comment on the construction and fabric of the building and the services in much more detail; for example calculating resulting U values, light output ratios to specific fan power. The Commercial Energy Assessor has to be more qualified and skilled and the whole energy assessment process takes significantly longer including the building of a 3D cad model of the property to run through dozens of simulations. The result being that the Commercial EPC is significantly more expensive than its residential counterpart. Fees will vary depending on the size, complexity and heating and cooling facilities of the building. The other major factor for the price increase is that just to place the commercial EPC on the government database costs more than the entire cost of an average domestic EPC.
Standard Energy Performance Certificate
Best Compliance provide the standard legal certificate needed, this is accompanied by a recommendation report and placed on the central register, with either an electronically or paper based reports sent out for your records, and we do all this with a quick turnaround to suit our clients needs.
For more in-depth reports EPC Alpha plus reports.
A standard Energy Performance Certificate is also ideal for Feed in Tariffs (FIT) for more information on FIT surveys please click here
When do I need an EPC?
If you are instigating a commercial property transaction yourself or on behalf of a landlord it is a legal requirement to have an Energy Performance Certificate in place to form part of the marketing and legal paper work. The trigger will be the point at which the property is presented to the market.
Domestic Energy Performance Certificates:
Building Efficiency and Sustainable Technologies LTD have a trained team with a wealth of experience in all aspects of EPC certification.
Our cost effective, fast and reliable service has made us the provider of choice for many of our clients.
Commercial Energy Performance level 3 and 4:
The definition for a Level 3 and Level 4 energy performance survey is that the building is classed as a Non-Dwelling i.e. for commercial use only. The difference between the levels of the survey is due to the complexity of the heating and ventilation system installed. Here at B.E.S.T Ltd we have fully trained and accredited surveyors capable of surveying commercial properties to both Levels 3 and 4. Our energy efficiency report will include the current performance of the building; as the grade index of an EPC report can have a direct effect on both the value and rental prospects of the building. Once an EPC has been issued it will remain valid for 10 years unless any significant change occurs within this time period.
Our SBEM calculations (Simplified Building Energy Model) show our clients how to recoup their investment in Green technologies in 4 stages.
1.With a short term payback – within 3 years
2.With a medium term payback - Between 3 to 7 years
3.With a long term payback – over 7 years
4.Further recommendations based on our expert knowledge of the Sustainable Technologies market and potential government funded Schemes that our client may be eligible for.
EPCs will be ever increasing in importance as 2018 nears with an estimated 15-20% of all buildings currently with an F or G rating. Buildings graded “E” in 2008 have the potential to be a grade “G” due to changes in building regulations by 2018.
B.E.S.T Ltd provide a unique, cost effective, service to your business to ensure that you are compliant to this legislation prior to 2018.
Here at B.E.S.T we use complex state of the art building software to build our clients property in a 3D energy model. This gives our client the very best accurate information on their building. We pride ourselves on achieving the best result for our clients, and using such technical programmes allow us to fully understand your buildings working through the year to give an accurate result.