Easy Ways To Make Your Rental Property More Energy Efficient
Owning rental properties is a lucrative business venture in the United Kingdom, which has a massive population. As a property owner, you know how costly it can be to run a rental business and how necessary it is to invest time and money. The energy efficiency of a house is a crucial factor to consider if you want your investment to pay off in the future. Here are easy ways to make it more efficient.
Eliminate Energy Consuming Bulbs
Changing out ageing incandescent lights is one of the best energy-saving solutions for rental properties. LED lights are more expensive but reliable and will save money in the long run. For bigger households, bulb purchases in bulk or gradual bulb replacements are viable options. LED bulbs are the best regardless of whether or not you prefer the traditional incandescent bulb option.
Use Ceiling Fans
Although air conditioners reduce the temperature in a room, ceiling fans are best for air circulation on a budget. Use ceiling fans to help save energy. If you’re a savvy landlord, this may be a simple do-it-yourself project. Installing a ceiling fan, on the other hand, can cost anywhere from $300 to $600, but it’s worth it.
Power Off Thermostat When Not In Use
To save 10% on your heating and cooling costs yearly, you have to lower your thermostat by 10 degrees for eight hours daily. To save money, turn down your apartment’s thermostat before you sleep and cuddle up beneath the blankets to keep warm. The heat can also be turned down during the hours when you are not at home if you don’t have any pets. It is also recommended to get quality energy-efficient from a reliable London heating company like BBright.
Provide Air Conditioner Shade
Window A/C units are a standard cooling option in residential buildings. To prevent warm air from entering the rental apartment, ensure the unit fits tightly into the window and seal any holes. Make sure to maintain the unit in a well-ventilated area and, if possible, have an awning installed on the windows. Finally, keeping the device out of direct sunlight prevents it from overheating and wasting energy.
Close Windows Properly
Insulation and draught-sealing may be improved significantly by installing curtains, which are usually not required for tenants to install (this is because heat loss through apartments is faster when not sealed correctly). If you can’t afford to replace rental windows with triple- or double-glazed options, stick-on glazing film can increase the window’s thermal performance.
Employ Tankless Water Heater
Implementing a tankless water heater is a fantastic long-term investment for landlords who want to save money on utility bills. By only heating water when one needs it, tankless water heaters use less energy than traditional tank models. The life expectancy of a holding tank heater is considerably less than that of a tank heater. It is essential to get quotes and compare prices before making a selection.
Use A Humidifier
You’ll need a humidifier to stabilise your apartment building’s humidity levels. Humidifiers come in many shapes and sizes. However, a humidifier isn’t just handy in the cold; it may also be good for your health. Humidifiers can help you save even more money by making the temperature radiate heat than it is. A humidifier usually arrives with most HVAC systems.
You May Also Enjoy
Where can you still buy a home for under £150k?
Landlord repossessions soar as Renters’ Rights Bill looms
These are Britain’s most active housing markets
Downsizers can bag 2 for 1 on property purchases
New analysis shows majority of estate agents complete HMRC AML registration
