The PIB Renewable Energy team focusses on Insurance Solutions to mitigate the impact of the Minimum Energy Efficiency Standards (MEES) in Commercial Buildings from 1st April 2018. The main provisions of the Minimum Energy Efficiency Standards regulations (MEES) take effect on 1st April 2018.
From that date landlords of commercial and residential properties may have to carry out energy efficiency improvement works before they are permitted to grant a new lease or renew or extend an existing lease. Further changes will apply from 1st April 2020 and 1st April 2023.
MEES is one of the ways in which the UK will comply with its obligations under the EU Energy Efficiency Directive. MEES only applies to properties with a sub-standard level of energy efficiency. Currently this is an EPC rating below E, but the Government has already signalled their ultimate aim is a C rating for as many properties as possible.
As it stands, MEES will prohibit a landlord from letting a sub-standard property until sufficient energy efficient improvement works are made to bring the property up to an E rating. For commercial properties (“non-domestic” under the legislation) MEES states that works only need to be undertaken that pay for themselves (in resulting energy savings) within seven years.
Download and read the full article from the PIB Renewable Energy team.