Home energy bills can experience a rapid increase in response to the summer heat. Therefore, as a rental property owner or landlord, making your rental property more energy efficient is a sensible financial move. Not only do energy-efficient upgrades help enhance property values, but they also help you attract and keep quality residents.
Even the addition of a few minor tasks, such as sealing off drafts or incorporating smart tech upgrades, can have a significant impact. Let’s review a few budget-friendly ways to boost energy efficiency in your rental property and ensure everyone is comfortable this summer.
Seal in the Cool: Weatherstripping for Rentals
Are you aware that a substantial portion of the cool air that comes from your rental’s air conditioning unit may be escaping through the small spaces around doors and windows? Leaky windows and doors are the primary cause of inefficiency.
The bright side is that the issue can be resolved relatively easily. In fact, installing or replacing weatherstripping is one of the most efficient methods for ensuring both comfort and savings. To determine what your property needs, walk through and check for drafts or worn-out seals.
Installing weatherstripping on doors and windows helps keep the hot air out and the cool air in. It’s an affordable solution that can make your rental property more comfortable.
Upgrade to Energy Efficient Windows
If you have a somewhat larger budget, it may be advantageous to replace old windows with new, energy-efficient ones. Old, drafty windows are one of the primary causes homes waste energy in the summer months.
If your rental still has single-pane or outdated windows, it may be time for an upgrade. Investing in energy-efficient windows for your rentals can not only lower cooling costs but also increase property values.
Even if a full replacement isn’t in your budget yet, you can still boost efficiency with thermal window film or blinds that block out the sun’s intense rays. Your residents will no doubt appreciate the added comfort and lower bills.
Inspect Insulation and Attic Ventilation
It is not only essential to have a well-insulated home during the winter months. It’s also critical to maintain a comfortable indoor temperature all summer. Proper insulation keeps the cool air in and the hot air out, which means summer utility savings that you’ll love.
To evaluate the insulation quality in your rental property, inspect the attic, walls, and crawl spaces for any bare or tattered spots. During your inspection, don’t overlook the attic ventilation. Appropriate attic airflow helps prevent heat buildup, keeping your air conditioning system from running improperly.
Smart Thermostats Make a Difference
Smart thermostats are a favored option for rental homes due to their significant impact on energy efficiency. Smart thermostats and related devices enable renters to set programmable heating and cooling schedules. This prevents the air conditioner from operating when no one is present.
Numerous smart thermostats are also equipped with mobile apps that enable users to make adjustments while on the move. Investing in a smart thermostat can result in significant energy savings, while also providing a modern amenity that renters appreciate.
Encourage Good Habits for Tenants
Finally, renters can implement a variety of measures to enhance the energy efficiency of their rental home. Enable your tenants with simple tips to save energy.
This may involve closing blinds and curtains during the hottest parts of the day, using ceiling fans to circulate cool air, and frequently changing air filters to keep the system working efficiently. Furnishing your residents with a user-friendly energy-saving checklist helps everyone collaborate to keep utility costs down.
Ready for Lower Bills and Happy Tenants?
Increasing the energy efficiency of your rental property does not necessitate a complex or costly process. With smart upgrades like weatherstripping, energy-efficient windows, and a few proactive inspections, you can enhance value, attract and retain quality renters, and keep current tenants happy.
For knowledgeable guidance and efficient property management in Benton City, get in touch with your local experts at Real Property Management Tri-Cities today. We’re available to help you maximize every season! Contact us online or call 509-572-5440.
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