Property sector in the UK

HENOC sector focus

Property

Landlord supplies, tenant recharge and an EPC deadline in the diary.

Managing agents and landlords buy energy they largely do not consume. The commercial issue is therefore twofold: procure landlord and common-part supplies well, and recharge tenants accurately and defensibly. Add MEES compliance and service-charge scrutiny, and energy becomes a governance matter as much as a cost one.

Typical supply

Landlord and common-part supplies, house meters, sub-metered tenant demises

Load shape

Lifts, lighting, HVAC and plant; occupancy-driven

Main cost drivers

Common-part electricity, heating plant, void-period supplies

What makes property different

Void periods

Empty units revert to the landlord and often to deemed rates. Voids are the most common source of unexpected landlord cost.

Recharge defensibility

Tenants increasingly challenge service-charge energy lines. Recharges need to reconcile to sub-meter reads and to the actual supply invoice.

MEES and EPC ratings

Minimum Energy Efficiency Standards restrict letting of poorly rated commercial space, which makes efficiency work a leasing issue.

Split incentive

The party paying for plant upgrades is rarely the party who benefits from lower bills, which stalls otherwise sensible investment.

How we work with property clients

Portfolio procurement

All landlord supplies tendered together, with new acquisitions absorbed into the same contract.

Tenant recharge service

Sub-meter reads collected, apportioned and reconciled to supplier invoices with a clear audit trail โ€” see our dedicated recharge service.

Void management

Vacant units flagged and moved onto portfolio rates rather than left on deemed supply.

Compliance data

Consumption and emissions data prepared for EPC, MEES and ESG reporting.

Common things we find

  • Deemed rates running for months on a void unit
  • Recharges based on apportionment when sub-meters exist
  • Common-part supplies missed entirely at acquisition

Findings vary by client and site. Nothing here is a guarantee of saving โ€” we quote against your own bills, and where we quote savings our clients average around 15%.

Want a real number against your current spend?

Send us a recent commercial energy bill. We come back within 24 hours with a plain-English audit โ€” no sales pitch.

Request my free audit โ†’