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Estimating Gas/Electricity on Rental Property


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Anyone got a good idea how best to estimate gas/electricity on a property? i'm looking around at places to rent and know it could make a big difference in my monthly outgoings so wondering how best to judge it.

 

would I be able to get a quote from NPower or something?

 

property i'm considering is quite big and has a poor EPC rating with a score of 30 for energy efficiency (listed building over 3 floors).

 

ideas?

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The average energy cost for the average household is supposed to be around £1300 a year. Which you can probably take also to mean the average 3 bedroom house, which maybe around the 1000 sq foot mark. compare that to the size you want. Also if you have a family with kids, it would be more than say a couple. When renting, the first thing you should do is rule out anything with electric heating, as its so much more expensive. Someone I know recently moved into a 2 bedroom house with electric heating and it cost them £15 for 2 days heat!

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Anyone got a good idea how best to estimate gas/electricity on a property? i'm looking around at places to rent and know it could make a big difference in my monthly outgoings so wondering how best to judge it.

 

would I be able to get a quote from NPower or something?

 

property i'm considering is quite big and has a poor EPC rating with a score of 30 for energy efficiency (listed building over 3 floors).

 

ideas?

Disregard EPCs. Everyone knows that these are rubbish and a waste of time/money/paper.

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In defence of electric heating - depends on type of heating and how well the property is insulated. Old electric heaters in a poorly insulated building can be expensive - but in new builds/conversions which are now heavily insulated then electric heating should be reasonable.

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  • 3 weeks later...
  • 3 weeks later...

The only way your going to get a reasonable estimate of the true running costs of the property is to carry out a thorough room by room heat loss calculation. You will then need to know what appliances are installed to supply the heat, what fuel they use, and what the unit cost of that fuel is. Before you go to all that trouble, I would use the EPC rating as enough information to guide you in the right direction. A modern building with double glazing, cavity wall insulation, loft insulation, and a band A condensing boiler is what you need to be looking at. Also pay close attention to the provision of hot water. If it is supplied by a hot water cylinder and you are not a heavy user of hot water i.e. baths, then a property with a combi boiler would be cheaper to run as you only pay for the hot water as you need it.

 

Do not rely on the energy provider to give you an estimate, as it is in their interest for you to use more energy so they make more money.

 

I am happy to give my oppinion on any properties you are interested in, if you can supply the appropriate information

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  • 2 months later...

gases and electricities can be used in rented properties as well as other properties using epcs.these reduce the cost of electricity bills.in other words these act as power savers and is most useful when large electric appliances are used

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