- Energy efficiency helps to reduce energy consumption and carbon emissions and save money on bills.
- The benefits of an energy-efficient home include increased comfort, improved air quality, and increased property value.
- Replacing outdated air conditioning systems is the first step toward energy efficiency.
- Other steps include insulation, high-efficiency lighting, low-flow fixtures, smart thermostats, and weatherization.
As a landlord, you have the power to make a difference in the energy consumption of your rental property. Making your property energy efficient saves you money on bills and helps create a more sustainable environment.
Energy efficiency techniques and technologies have improved over the years and are more accessible than ever before. Implementing simple and cost-effective strategies can reduce your carbon footprint and make your rental property more attractive to potential tenants.
What is an Energy-Efficient Home
Times are changing, and now more than ever, it’s essential to be aware of the energy that we consume. This is where the idea of an energy-efficient home comes into play.
An energy-efficient home is designed to minimize energy waste, reduce carbon emissions, and reduce energy consumption. This type of home is beneficial for the environment and homeowners as it can lead to significant cost savings.
What are the Benefits
Besides saving money on energy bills, other benefits are associated with making your rental home more energy efficient.
- Increased comfort: An energy-efficient home is better insulated, which is warmer in winter and cooler in summer. This can make it a more comfortable place to live for tenants.
- Improved air quality: Energy efficiency helps trap pollutants inside the home, meaning tenants can enjoy cleaner air indoors.
- Increased property value: An energy-efficient rental property will be more attractive to potential tenants and likely have a higher market value in the long run.
Make Your Rental Home Energy Efficient
Making your rental home energy efficient is easier than you think. Here are some simple steps you can take:
Replace Outdated Airconditioning Systems
Old and outdated air conditioning systems are inefficient and can use energy. Consider replacing your system with an Energy Star-certified model from a trusted heating and cooling company that can help you select the best and most efficient method for your home. These experts will determine the best size and type of system for your property and help you choose energy-saving features.
Insulation
One of the primary sources of energy loss is a lack of insulation. If your rental property is not adequately insulated, it could cost you a lot of money on energy bills. Insulation helps trap heat inside the property, making it easier to maintain a comfortable temperature and saving you money on bills. Ensure that your rental property has the appropriate level of insulation in the walls, ceiling, and floors to increase energy efficiency.
High-efficiency lighting
High-efficiency lighting is a great way to reduce energy consumption for your rental property. Incandescent bulbs are inefficient and burn out quickly, while LED lighting lasts longer and uses less energy. LED lighting is more expensive but pays for itself in the long run. Leviton dimmer switches help to save money on energy bills which helps to prolong the lifespan of your light bulbs.
Low-flow fixtures
Low-flow fixtures are an affordable and easy way to reduce water and energy consumption. Installing water-efficient showerheads, faucets, and toilets will reduce water usage and decrease the amount of hot water used. The less hot water is used, the less energy is required to heat it. Replacing faucets and showerheads will also help to cut water waste.
Smart thermostats
Smart thermostats are a valuable addition to your rental property, especially for tenants that may not have experience performing comfort adjustments. Smart thermostats help to regulate heating and cooling to your tenant’s habits and provide more energy savings on your bills. Programmable thermostats can also help reduce energy consumption and allow you to make changes without needing to be at the rental property.
Weatherization
Weatherization helps to prevent energy loss by air sealing and to lower heat transfer through ventilation. Common entry areas for drafts are typically through doors and windows, so sealing gaps will enhance energy efficiency. Caulking and weather-stripping will help to keep indoor air inside and outdoor air outside.
Final Thoughts
Creating a more energy-efficient rental property does not have to be costly or complicated. By implementing these five strategies, you can make a significant difference in the energy used throughout the rental property.
Energy-efficient strategies that help to reduce consumption can translate to energy savings on your bills while reducing your carbon footprint—an inexpensive way to help the planet and your pockets simultaneously. Ensure your rental property is energy efficient, and your tenants will appreciate your environmental efforts.