How Will Minimum Standards be Implemented?
Requiring a minimum rating of F by 2030 and E by 2033 for property sale or lease is a significant decision impacting the sector, one that observers like GBCe believe needs clarification. However, this isn’t the only issue with the proposed measures.
Díez notes an inconsistency: “There’s a requirement to renovate a property when selling it, yet comprehensive building renovation is touted as the most economically and technically viable option for homeowner associations.”
Timeline for Action
The chosen position will dictate the level of mandatory improvements, but there’s also a debate on when these changes should take effect across Europe. Once again, the three institutions are in disagreement:
European Commission advocates for standardized energy performance certificates, based on a common template, to be enforced by 2025.
Council of the European Union proposes implementing this standardization by 2026, granting states more time for approval of their renovation plans.
European Parliament aligns with the Commission, proposing approval by 2025, albeit linked to the reclassification of all energy certification levels.
Renewal Deadline for Energy Certification
Another point of contention in the negotiations is the validity period of energy performance certificates:
Currently, certification is valid for ten years, regardless of the property’s rating. If the Commission’s decision is enforced, this period would be reduced to five years for ratings below C (from D to G), while the top three ratings would retain the decade-long validity.
Once again, the Council of the European Union takes a more conservative stance, advocating for a ten-year renewal period in all cases.
This presents a new uncertainty in the EPBD trialogue process, requiring the EU to make decisions to align with Europe’s decarbonization goals and establish the pace and requirements of this fundamental law. The directive may mandate property owners with the minimum rating to conduct improvement works up to the F label before selling or renting, mirroring the current Energy Performance Certificate requirement. If you are looking into the future for a good resale of your property, or investing in a rental property, buying an off plan development may be the best option for you. Contact us today for a free consultation and see which is the best path forwards for you!