Energy Performance Certificates In Real Estate Trade

Energy Performance Certificates were introduced at the beginning of 2010. They are important for legal actions relating to real estate trade, but, as they have existed for only a short time, they are still not widely known about. It is therefore worth having a look at the impact of this amendment to the Construction Law.

What is an Energy Performance Certificate?

It is a document that specifies the amount of energy required to satisfy the various needs connected with building maintenance and also indicates possible improvements to the energy efficiency of a building. It is usually issued for new investments and also when a given building is planned for sale or lease. The certificate provides information on the energy demand of a building, which helps determine the cost of its maintenance. However, it does not state straightforwardly whether a given building is energy-efficient or not, but it indirectly helps forecast the share of future costs of energy in building