Since 1st October 2008, all rental properties in England and Wales, both private rentals and social housing, are required to have an Energy Performance Certificate (EPC). This is in line with Government legislation designed to meet Her Majesty’s Government's commitment to EU Directive 2002/91/EC.
The EPC is valid for 10 years and can be used for each and every change of tenancy within the 10 year period. If, however, the property is sold, an EPC will only be compliant with the Home Information Pack regulations if it is less than 12 months old.
All Landlords or Letting Agents must show the EPC to potential tenants by law, so legally speaking the EPC must be available to the tenant at the latest before signing the contract, when the tenant views the property or when the tenant views a written description of the property. Prospective tenants will be able to see at a glance how energy efficient and environmentally friendly the property is. If investment in energy saving measures have been made properties will perform well, be cheaper to run and will really stand out from the crowd. If not they may be harder to rent out in future.
The penalty if EPCs are not in place after 1 October, after the first change of tenants, is £200 per day for non compliance.