Level 1 Flashcards
What is the definition of sustainability?
Meeting the needs of the present without compromising future generations needs
What are your clients sustainability objectives/ strategy?
What are the latest updates to sustainability
Air conditioning- R22 refrigerant now banned in U.K. of ozone depletion
BREEAM- Building Research Establishment Envrironmenal Assessment Method - rating based on nine weighted criteria from outstanding to unclassified
What is a DEC?
Display Energy Certificate- required in buildings of more than 250sq.m, energy efficiency rating from A to G. Valid for 1 year if building over 1,000sq m or 10 years if building 250 to 1,000 sq.m
Penalty-£500 if not displayed
Difference between DEC and EPC?
DEC measures energy usage whereas EPC measures energy efficiency of building
When would an EPC rating be required?
When property leased or sold, on expiry, or if major renovations
What is the penalty for not providing a prospective buyer or lessee an EPC?
£5,000
What is a green loan?
It is a loan used to finance project which are subject to compliance with sustainability e.g EPC ratings, solar power
What is a heat pump?
Device which takes heat from the air to heat buildings using small amount of electricity. No fuel or greenhouse gases
Two types:
Air source
Ground source
Kyoto Protocol
Adopted 192 countries in 1997. Ban installation of Gas boilers
Part L of Building Regulations
Conversation of energy and power
Changed come into force June 2024 to aim to reduce CO2 emission by 27% for non reduction buildings
What are MEES?
Minimum Energy Efficiency Stranards
Introduced to set minimum EPC rating of E to rented resi and commercial buildings
April 2023- threshold also applied to existing leases of commercial buildings
Exemptions include-
VPGA 8 in RBG
RICS guidance note on sustainability and valuation
Commercial property Valuation and strategic advice
Streamlined energy and carbon reporting framework
Introduced in 2019- requires companies of 250 employees and turnover of £36mill to report energy consumption CO2 emissions to Companies House