Northern Ireland propose linking EPC rating to a "rates holiday"
Elmhurst welcomes the consultation document issued by Northern Ireland Department of Finance that proposes a domestic rates holiday based upon either the property's EPC rating or an improvement on the Target Emissions Rate as required by regulations. This is something that Elmhurst Energy have been campaigning for over the past few years.
The scheme will only be offered to the first occupants of new build homes in the private sector but it is proposed that eligible homes will be entitled to a three year domestic rates holiday.
Elmhurst welcomes the approach being taken by the Northern Ireland Government and encourages the Governments' of England, Wales and Scotland to consider similar incentives. We do however encourage the Northern Ireland Government to consult with the industry to ensure that opportunities for misuse, as have been reported with the RHI scheme, are minimised. We also encourage Northern Ireland to take this opportunity to update their Building Regulations from SAP 2009 to SAP 2012, in common with all the other parts of the UK.
The consultation was issued on 15th December 2016 and closed on 16th February 2017. To read the full proposal and provide your views please visits the Department of Finance website at https://www.finance-ni.gov.uk/sites/default/files/consultations/dfp/Part%202%20%20Domestic%20Rates%20Reform%20-%20Energy%20efficient%20new%20homes_0.pdf
Elmhurst will, of course, be considering the proposal and providing support to the Northern Ireland Department of Finance.