Being a landlord can be stressful enough without worrying too much about the energy consumption of the rented properties. Thanks to new technology though, it is easier than ever to make rented properties more energy efficient.
New smart technologies are enabling landlords to set up their rental properties to be more energy efficient, which in turn saves the tenants significant money on their bills. This obviously turns a property into a much more attractive proposition, helping to reduce void periods as well as contributing to a more energy efficient society.
Two of the best ways to increase the energy efficiency of any household is via the use of energy monitors and smart thermostats.
Installing an energy monitor in a rental property
The best place to start being a more energy efficient landlord is with a home energy monitor. It consists of a small device which lets you know whereabouts the most energy is consumed by the household. Appliances that drain electricity unnecessarily can be identified quickly and their usage amended. Once the house’s energy usage has been analysed and any positive changes implemented, the energy monitor can then inform you as to how much money is being saved.
Equipping the tenants with better information with regards to their energy consumption is an effective way to help them save money by reducing their bills.
There are different kinds of energy monitor, with some brands fetching over £100. Once it is installed, this smart technology can be used as an extra incentive for potential tenants considering renting a property.
Provide tenants with smart thermostat technology
Smart thermostats help households avoid wasted energy. Via an app like British Gas’ Hive or Nest, heating and hot water supplies can be accessed remotely via the internet to ensure they are only used when absolutely necessary. The householders can access the controls from a laptop, tablet or smartphone and activate or deactivate as required.
The advantages this provides the tenants with is that they can save on energy by turning off the heating should their plans change, such as going for a drink with colleagues after work instead of going straight home. With remotely accessed heating controls, the tenant can ensure the heating only comes on a short while before they arrive home.
Usually, such smart thermostat technology will cost in the region of £200 to install, which obviously is a cost to the landlord. However, the extra attraction it adds to the property should help reduce the length of void periods between tenants.