When the summer heat increases, homeowners may observe a quick escalation in their energy bills. Therefore, as a rental property owner or landlord, making your rental property more energy efficient is an excellent financial move. Energy-efficient upgrades not only boost property values but also assist in attracting and keeping quality residents.
Implementing efforts to seal off drafts and incorporate smart tech upgrades can result in significant improvements, even with just a few little changes. Let’s talk about some budget-friendly ways to boost energy efficiency in your rental property and ensure a relaxed environment for all this summer.
Seal in the Cool: Weatherstripping for Rentals
It is critical to note that a large amount of the cool air released by your rental’s air conditioning unit may be lost through small cracks around doors and windows. Windows and doors that leak are substantial contributors to inefficiency.
It is reassuring to observe that addressing the issue is relatively uncomplicated. In fact, installing or replacing weatherstripping is one of the most efficient tactics to lock in both comfort and savings. 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
If you have a somewhat larger budget, it may be beneficial to consider the advantages of replacing 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If your rental still has single-pane or outdated windows, it may be prudent to contemplate an upgrade.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 is financially unviable at present, you can still boost efficiency with thermal window film or blinds that block out the sun’s intense rays. The extra coziness and lowered bills will certainly be valued by your residents.
Inspect Insulation and Attic Ventilation
A well-insulated home is imperative not only during the winter months. It’s equally crucial to keep a comfortable indoor temperature all summer. Proper insulation keeps the cool air in and the hot air out, causing summer utility savings that you’ll adore.
To evaluate the insulation quality in your rental property, examine the attic, walls, and crawl spaces for any exposed or deteriorated areas. During your inspection, keep in mind to check attic ventilation. Appropriate attic airflow helps prevent heat buildup, keeping your air conditioning system from working inefficiently.
Smart Thermostats Make a Difference
Smart thermostats are a widespread option for rental homes nowadays due to their significant impact on energy efficiency. Smart thermostats and similar devices empower renters to set programmable heating and cooling schedules, guaranteeing that the air conditioner is not running unnecessarily when the property is empty.
Numerous smart thermostats also have mobile apps that allow for modifications while on the move. Investing in a smart thermostat can lead to significant energy savings, while also delivering a modern amenity that renters appreciate.
Encourage Good Habits for Tenants
Lastly, renters have various alternatives available to enhance the energy efficiency of their rental home. Provide your tenants with simple tips to save energy.
This could incorporate closing blinds and curtains during the hottest parts of the day, using ceiling fans to circulate cool air, and routinely replacing air filters to maintain system efficiency. Providing your residents with an extensive energy-saving checklist helps everyone work together to keep utility costs down.
Ready for Lower Bills and Happy Tenants?
Enhancing the energy efficiency of your rental property can be simple and affordable. With smart upgrades like weatherstripping, energy-efficient windows, and executing regular inspections, you can boost property value, attract and retain quality renters, and ensure tenant fulfillment.
For reliable guidance and effective property management in Rockwall, reach out to your local experts at Real Property Management NorthStar today. We are dedicated to helping you maximize every season! Contact us online or call 469-745-8199.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
