We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
EPC Recommended Measures - ROI
mgarl10024
Posts: 643 Forumite
Hi all,
I've a 3 bed, 1950's, mid terraced property which is about to be let out. As a result, I've had to get an EPC done, and I found some of the "typical savings a year" quite surprising (too low IMO).
So, for example, the loft insulation is about 100mm.
"Increase loft insulation to 270mm"
"Indicative cost: £100-£350." Sounds fair - grants available etc.
"Typical savings per year: £24". Really? That's all? At the £350 price, that's 14.5 years before a return is seen.
"Replace boiler with new condensing boiler" - the property has a Baxi back boiler.
"Indicative cost: £2,200 - £3,000" - a little on the cheap side, given the pipe re-routing. Depending on boiler etc. should be nearer £4,000 IMO.
"Typical savings per year: £75". Again, really? Let's assume the Baxi is 60% efficient and a new boiler is 90% efficient. On an assumed £800/yr heating bill, a 30% saving (ok, the maths is rough here) should be around (800*30%) £250/yr, not £75?
My favourite:
"Solar water heating"
"Indicative cost: £4,000-£6,000" - Really? It's vacuum tubes and a pump. Maybe that is the market rate - I don't know.
"Typical savings per year: £37". The back of the house is South Facing - absolutely ideal, and throughout the whole year, including the Summer, you're only going to see a saving of £37? Taking the £6000 price, £37/yr means you'll see a return in 162 years!
As someone who likes to think they are pretty up on energy saving measures, these figures just seem too low.
It makes no difference to the letting - the tenants are very happy - it is just more out of interest.
Has anyone else got an EPC done, and what did you think of your figures?
I've a 3 bed, 1950's, mid terraced property which is about to be let out. As a result, I've had to get an EPC done, and I found some of the "typical savings a year" quite surprising (too low IMO).
So, for example, the loft insulation is about 100mm.
"Increase loft insulation to 270mm"
"Indicative cost: £100-£350." Sounds fair - grants available etc.
"Typical savings per year: £24". Really? That's all? At the £350 price, that's 14.5 years before a return is seen.
"Replace boiler with new condensing boiler" - the property has a Baxi back boiler.
"Indicative cost: £2,200 - £3,000" - a little on the cheap side, given the pipe re-routing. Depending on boiler etc. should be nearer £4,000 IMO.
"Typical savings per year: £75". Again, really? Let's assume the Baxi is 60% efficient and a new boiler is 90% efficient. On an assumed £800/yr heating bill, a 30% saving (ok, the maths is rough here) should be around (800*30%) £250/yr, not £75?
My favourite:
"Solar water heating"
"Indicative cost: £4,000-£6,000" - Really? It's vacuum tubes and a pump. Maybe that is the market rate - I don't know.
"Typical savings per year: £37". The back of the house is South Facing - absolutely ideal, and throughout the whole year, including the Summer, you're only going to see a saving of £37? Taking the £6000 price, £37/yr means you'll see a return in 162 years!
As someone who likes to think they are pretty up on energy saving measures, these figures just seem too low.
It makes no difference to the letting - the tenants are very happy - it is just more out of interest.
Has anyone else got an EPC done, and what did you think of your figures?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards