Is Miliband right? Most EPC ratings are already C or better
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The tide is already turning towards homes with EPC ratings of C or better, it’s claimed.
This is well ahead of the 2030 deadline imposed by Energy Secretary Ed Miliband by which private rental properties must be C-rated or better.
PropTech platform epIMS has studied EPC data in England & Wales over the past 10 years to see how the proportions of A-C and D-G ratings have changed over the course of a decade.
This appears to show that a rating of C or better has already become the norm.Back in 2014, 69% of properties received a new EPC rating score of D or worse. The most common rating that year was D which accounted for 44.4% of the 2.2m certificates awarded.
Since then the proportion of homes awarded D or worse has diminished until 2021 when ratings of D to G were eclipsed by ratings of A to C.
2021 saw 51.6% of EPC ratings awarded C or better, with the most common rating improving from D to C (36%) for the first time.
This trend of improvement continued through to 2024 when 60.5% of all homes were awarded a rating of between A and C – the largest proportion in the previous 10 years.
Read the full article at Landlord Today