When the summer heat kicks into high gear, home energy bills can spike just as quickly. Therefore, as a rental property owner or landlord, making your rental property more energy efficient is a prudent financial move. Energy-efficient upgrades contribute to enhancing property values while simultaneously aiding in attracting and keeping quality residents.
Implementing measures such as sealing off drafts and incorporating smart tech upgrades, even a few small steps can make a huge difference. We will analyze a few budget-friendly ways to boost energy efficiency in your rental property while ensuring a comfortable environment during the summer months.
Seal in the Cool: Weatherstripping for Rentals
Did you know that a major part of the cool air generated by your rental’s air conditioning unit may be lost through small openings around doors and windows? Windows and doors that leak contribute significantly to inefficiency.
Fortunately, resolving the issue is pretty easy. In reality, installing or replacing weatherstripping is a highly effective method to enhance comfort and achieve cost savings efficiently. To determine what your property needs, walk through and check for drafts or worn-out seals.
Putting 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
For those with a relatively larger budget, it is worth evaluating the advantages of replacing old windows with new, energy-efficient ones. Outdated, drafty windows are one of the biggest reasons homes waste energy in the summer months.
If your rental still has single-pane or outdated windows, it could be prudent to consider an upgrade.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
A well-insulated home is important not only during the winter months. It’s equally important to keep a comfortable indoor temperature all summer. Proper insulation maintains the cool air in and the hot air out, leading to summer utility savings you’ll desire.
To measure the insulation quality in your rental property, check the attic, walls, and crawl spaces for any exposed or weakened areas. Ensure that attic ventilation is considered during your inspection. Effective attic airflow helps prevent heat buildup, which in turn ensures that your air conditioning system operates efficiently.
Smart Thermostats Make a Difference
Smart thermostats have emerged as a prevalent option for rental homes due to their significant impact on energy efficiency. Smart thermostats and comparable devices permit renters to set programmable heating and cooling schedules, ensuring that the air conditioner operates efficiently when the home is unoccupied.
Several smart thermostats are equipped with mobile apps that facilitate adjustments while away from home. Investing in a smart thermostat presents an opportunity for significant energy savings, in addition to providing a modern amenity that renters appreciate.
Encourage Good Habits for Tenants
Ultimately, renters have the opportunity to implement various strategies to enhance the energy efficiency of their rental home. Provide your tenants with simple tips to save energy.
This could involve closing blinds and curtains during the hottest parts of the day, utilizing ceiling fans to circulate cool air, and consistently replacing air filters to ensure optimal system performance. Offering your residents a comprehensive energy-saving checklist helps everyone work together to keep utility costs down.
Ready for Lower Bills and Happy Tenants?
Improving the energy efficiency of your rental property can be straightforward and cost-effective. With smart upgrades like weatherstripping, energy-efficient windows, and a few proactive checks, you can build value, attract and retain quality renters, and ensure tenant satisfaction.
To obtain specialized insights and effective strategies for property management in Shrewsbury, contact the local experts at Real Property Management MetroWest-Worcester today. We’re eager to help you maximize every season! Contact us online or call 508-329-6000.
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