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(Bloomberg) — The UK has delayed rules that will require commercial landlords to meet stricter energy efficiency regulations for some of their buildings, giving building owners five years to meet the new standards while exempting smaller properties.
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Owners of offices and industrial buildings over 1,000 square meters (10,764 square feet) will now have until 2031 to meet minimum energy efficiency standards, the government said in a statement Thursday, pushing the requirement to meet the toughest standards back by a year and scrapping an earlier interim deadline.
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“We welcome the fact that we finally have some clarity on new minimum energy efficiency standards for the non-domestic private rented sector,” Rob Wall, assistant director at industry group Real Estate:UK, said in an emailed statement.
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The revised rules come as a respite to landlords, allowing them more time to reach a standard of “B” under the UK’s energy performance certificate system, which is based on a building’s estimated energy usage, in order to qualify for tenancy. Previously, the government had suggested a standard of “C” starting 2027 and “B” from 2031. Currently, buildings need to reach an “E” target.
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“We have always supported higher minimum standards, including an EPC B target, but want to understand how the new targeted approach will work in practice,” Wall added.
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Uncertainty surrounding the deadline had sparked warnings within the industry that the changes risked rendering many properties obsolete. More than 12,000 offices across central London currently require “significant” upgrades to comply with the “B” target, property consultant Robert Irving Burns said in May.
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Excluding smaller properties would give owners and some businesses “additional flexibility,” the government said, without setting a date for tightening those standards.
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The announcement “will help give the market the comfort and confidence to invest,” said Simon McWhirter, chief executive of the UK Green Building Council.
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—With assistance from Natasha Voase.
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