By Paul Homewood
h/t Ian Magness
Energy scores for homes are to be overhauled by the Government, amid fears that under the current system installing a heat pump could cut the value of properties.
It comes after The Telegraph disclosed that several Cabinet ministers were already concerned about the speed of the transition to net zero and cost to households, amid record energy price increases and the biggest cost-of-living squeeze in a generation.
Energy Performance Certificates (EPC) grade a house from A to G based on efficiency, and the rating is increasingly tied to property prices.
Landlords are required to hit a minimum rating under upcoming rules and some mortgage providers take the certificates into account when lending.
But the way that the ratings are currently estimated means that replacing a traditional gas boiler with a heat pump can lower a home’s energy efficiency rating.
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