The introduction of the Minimum Energy Efficiency Standards (MEES) poses a number of risks to landlords, property owners, property managers and many others within the commercial real estate sector. With the legislation stating that all non-domestic properties must obtain an EPC rating of E or higher, many properties may fall foul of this.
There is, however, one profession that could greatly benefit from the introduction of MEES – energy assessors.
Energy assessors will be required to work to improve the EPC ratings of the buildings which do not meet the MEES requirements and are set to receive a higher volume of work from clients who are simply worried that they fall into the F and G categories. Overall, MEES will likely allow energy assessors to generate more revenue.
There’s also the opportunity for energy assessors to really develop and grow their businesses. MEES will demand a high level of work which could be challenging for one person to do by themselves, therefore, allowing energy assessors to scale up their business. Additionally, the legislation will emphasise the important work which energy assessors do and will allow them to stand out as the solution providers to MEES. Currently, their services are usually used on a one-off basis, however, as a result of MEES, other real estate professionals will soon look to energy assessors as advisors.
It is, however, also important to note that MEES could put a high level of pressure on energy assessors. Our recent research showed that 17.7% of 3,620 properties now have lower EPC ratings after being re-simulated through the latest version of SBEM. Of course, this will provide more work for energy assessors, however, there is also the potential that the accuracy of EPCs could face major scrutiny, resulting in a high level of analysis and auditing.
Finally, energy assessors will have the opportunity to further improve the energy efficiency of buildings within the UK. Improving the energy performance of buildings, and the environment in general, is a strong value for an energy assessor and MEES will allow them to do this to their full capacity.
Maximising MEES opportunities:
The energy assessors that are set to benefit the most from the legislation are those who can produce the most accurate EPCs and do so at speed. Energy assessors need to utilise the technology available to them to scale up their business.
Increased workload is always a benefit to those who are self-employed, such as energy assessors, however, improving EPC ratings is certainly not a quick nor easy process. Thankfully, our arbn consult software produces fully costed EPC retrofit solutions in minutes, making the process a lot simpler for clients who need their EPCs improved promptly.
The process is very simple. By uploading an INP or XML file from the EPC, the software then delivers EPC improvement strategies within minutes – shortening the overall time it takes to evaluate an EPC then provide the correct improvement recommendations. Our Asset Energy Report (AER) provides a detailed analysis including discounted payback periods and demonstrates the ability of each measure to achieve MEES 7-year payback rules.
Once the AER has been downloaded, there is the option to add your own logo to the report and rebrand it as your own. By giving this detailed report to your clients, they can see exactly what needs to be changed in the building and it demonstrates how likely they are to comply with MEES. For more information on this, take a look at our Energy Assessors Guide.
Watch our arbn consult demo video for more information on branding the AER as your own: