15 YEAR SIMPLE PAYBACK REPORTS

The 15-year simple payback period is a concept used in building regulations, especially for energy efficiency improvements. It refers to the period it takes for a building improvement (such as energy-saving measures) to pay for itself through reduced energy costs, under typical UK regulations such as Part L of the Building Regulations.

Part L aims to reduce carbon emissions and energy consumption in buildings. The 15-year simple payback is a rule of thumb to ensure that the improvements are financially viable over the life of the building.

Cost vs. Benefit: The 15-year simple payback rule ensures that building owners or developers make sensible investments in energy-saving measures. If a particular solution’s cost is recovered in 15 years through energy savings, it is often considered a good investment, especially in commercial or residential settings. However if the cost exceeds the 15 year payback then it can possibly be reduced with approval from Building Control. Get in contact today to discuss how we can help.