UK households warned to 'check' EPC rating ahead of £550 in bank account

People living in EPC 'D' rated homes will notice a £550 bank account boost if they've graduated from 'F'. Findings by think tank Energy and Climate Intelligence Unit (ECIU) reveal that if every typical British household upgraded to an Energy Performance Certificate (EPC) rating of 'C', energy bills could be reduced by £200 a year.

The study identifies an average household as having an EPC rating of 'D', highlighting that should the some 4.4 million homes with a lower rating make these upgrades, savings could increase to closer to £400 for 'E' rated properties and £550 for those rated 'F'.

Dr Simon Cran-McGreehin, head of analysis at ECIU, said: "Millions of British bill payers are still counting the cost of inaction and low investment in insulating homes over the past decade. Renters are in a particularly difficult situation given they don't have any control over improving the warmth of their homes."

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"Bills may have dropped slightly, but they are due to rise again ahead of winter when having a properly insulated home is the difference between affordable and astronomical energy bills." Dr Cran-McGreehin added: "The UK has been particularly badly hit by the crisis because we're so dependent on gas for electricity and home heating.

"Shifting to net zero means building more British renewables and insulating more homes and so becoming less dependent on foreign gas imports." The government has an online tool to help UK homeowners and residents discover their EPC rating.

It says: "Find an energy certificate for a property in England, Wales or Northern Ireland. This includes homes, business properties and public buildings." It goes on and also adds: "You can use this service to find an existing: energy performance certificate (EPC), display energy certificate (DEC) for a public building and air conditioning inspection certificate and report."