Key facts
- Royal estates may need to spend up to £10 million on energy upgrades.
- Hundreds of rental properties on royal estates are affected.
- Properties must meet proposed Energy Performance Certificate (EPC) C rating standards.
- The new EPC standards are proposed to be implemented by 2030.
- Many current rental properties fall below the proposed EPC C rating.
- The upgrades aim to improve energy efficiency of residential buildings.
King Charles and Prince William are confronting a significant financial challenge as their private estates may need to spend up to £10 million on energy efficiency upgrades for hundreds of rental properties. The proposed new standards require residential buildings to achieve an Energy Performance Certificate (EPC) C rating by 2030. Many of the rental homes currently fall below this benchmark, necessitating substantial investment to bring them up to code. This effort is part of a broader national push to enhance the energy performance of the housing stock. The exact cost is estimated to be as high as £10 million, reflecting the scale of the undertaking across numerous properties.