The EU has passed a regulation that bans sale or renting of homes without energy upgrades

The European Parliament has approved a regulation that prohibits the sale or rental of homes without energy upgrades. According to the relevant European Union directive, starting from 2030, all properties available for sale or rent must undergo mandatory energy upgrade measures, which could cost tens of thousands of euros.

The bill was passed in March 2023 by the European Parliament, with 343 votes in favor, 216 against, and 78 absent. This decision paves the way for potential renovations of buildings across Europe, aiming to reduce emissions, save energy, and accelerate the EU's transition away from Russian gas.

Buildings currently account for approximately 40% of the European Union's energy consumption, with the majority relying on fossil fuels for heating. The proposed regulations could necessitate upgrades in millions of buildings, including insulation improvements and the implementation of efficient heating systems, as reported by Reuters.

Ciaran Cuffe, the lead lawmaker on the rules, stated, "Soaring energy prices have shifted the focus towards energy efficiency and conservation measures. Enhancing the performance of Europe's buildings will lower bills and reduce our reliance on energy imports."

Of the 637 lawmakers present, 343 voted in favor of the new regulations. These rules would require all EU buildings with a G energy performance certificate (representing the poorest-performing 15% in each country) and those with an F rating to undergo renovation within this decade.

Non-residential buildings in EU countries would need to achieve an E grade by 2027 and a D grade by 2030. Residential buildings would have later deadlines of achieving an E grade by 2030 and a D grade by 2033.

The final law will now undergo negotiations with EU countries.

Some countries, such as Italy, have expressed resistance to the legislation, advocating for delays and exemptions from renovations due to financial constraints faced by both the government and homeowners.

Reported by Rueters