The £5billion question
The government has published a consultation seeking views on
more stringent minimum energy efficiency standards (MEES) for
commercial properties, with their preference being for the minimum
standard to be increased to a rating of B by 2030. The
government's modelling indicates that this increase would bring
85% of buildings into scope, requiring an investment cost of
approximately £5 billion before 2030. The average payback
period for the required investment would be four to five years.
The consultation, which applies to both England and Wales, can be accessed here. Responses are
required by 7 January 2020 and we would urge all interested parties
to provide their comments.
