Energy Performance Certificate

‍

Definition: A document that provides information on the energy efficiency of a building, typically required when selling, renting, or constructing properties in many countries.

Relevance to energy: Energy Performance Certificates raise awareness about energy efficiency in buildings and can influence property values and rental prices.

‍

Benefits:

• Provides clear information on a building's energy efficiency
• Can motivate property owners to improve energy efficiency
• Helps potential buyers or renters make informed decisions

Drawbacks:

• Quality and accuracy can vary depending on the assessor
• May not always reflect real-world energy consumption
• Costs associated with obtaining the certificate

‍

Statistics: In the UK, properties with an EPC rating of A or B sold for 14% more on average than those with an EPC rating of G, according to a study by the Department of Energy and Climate Change.