Summer is a great time to upgrade rental property in Provo. Here are a few ways you can upgrade rental property, and reduce energy costs.
An average Provo household dedicates 5% of its energy to lighting. One smart way to upgrade a rental property is switch to energy-efficient lighting. Replacing your home’s five most used fixtures with ENERGY STAR bulbs, you can save $75 each year
Another way to upgrade rental property is to wrap the water heater with insulation. This will help the water maintain the desired water temperature, consequently reducing your energy costs. If you add the insulation yourself, also be sure not to cover up the pressure release valve.
To gain more energy efficiency, add weather stripping to all windows. Caulk the window’s casing to stop air leaks. Storm windows offer additional energy savings, while providing added insulation and significantly reducing air infiltration.
One easy way to upgrade rental property is with a smart thermostat. A new thermostat will allow residents to program temperatures to when they’re typically home, as a result saving energy.
- Emerson 1F80-0471 Programmable Thermostat
- Honeywell TH3110D1008 Digital Thermostat
- Nest Learning Thermostat 3rd Generation
Unless your Provo home was made for energy efficiency, you can reduce your energy bills by adding more insulation. Older homes have less insulation than newer properties, so adding insulation to a newer home can pay for itself within a few years.
These improvements will go a long way to reducing your energy costs, therefore improving the overall tenant satisfaction. Keeping an older or historic building in good condition does wonders for its energy efficiency. Regular, diligent monitoring of its condition, whether making sure windows and doors open and close as tightly as they should, or checking for, and sealing gaps in masonry that might be causing drafts or letting in pests—can make a tremendous difference in your home’s performance over time.
Bret Clark – /