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August 8, 2023Energy efficiency is something that every homeowner (and rental property investor) strives to achieve. The amount of money that can be saved by optimizing and weatherproofing your space is staggering. Of course, it’s much easier to conserve energy during the temperate months, as in the spring or fall. But when the hot and humid North Carolina summers come around, it can be difficult to balance your tenants’ comfort with energy-saving strategies.
Talley Properties is here to help! Read on for a list of tips and tricks that will help you save money while keeping your rental space cool and comfortable.
Use LED Bulbs
Not only are LED bulbs more energy efficient, but they actually produce very little heat when compared to an incandescent bulb that releases 90% of its energy as heat. This might seem rather trivial in the grand scheme, but every little reduction in energy usage and temperature will decrease your overhead costs.
Service Your AC Unit
An air conditioning unit should be serviced at least every six months. While it may be tempting to give it a tuneup yourself to save money, it’s better to invest in the safety and comfort of your tenants by hiring a professional. They’ll have it running in tip-top shape in no time.
Replace Air Filter
A dirty air filter is inefficient and ineffective. Your HVAC system will have to work harder, and you’ll spend more money, to achieve the same results. Be sure to keep an eye on the state of your filters and replace as necessary.
Re-seal Around Openings
Homeowners and investors alike often lose quite a bit of money in the cracks and crevices around openings. Windows and doorways need to be sealed with a caulking gun to achieve maximum energy efficiency.
Invest in Darkening Blinds
Big windows that let in plenty of sunshine are a major selling point for many tenants. Unfortunately, they can be severely inefficient when it comes to regulating the temperature of your space. Investing in opaque darkening blinds can help keep the home cool, even in the sweltering heat of summer.
Provide Fans
Fans are actually more energy efficient than running the air conditioning. When used in tandem with minimal air conditioning, you can keep your tenants cool at a fraction of the cost.
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We’re all about helping clients save money and achieve success as a real estate investor. Follow our blog for tips and tricks this summer. To learn more about our property management services, reach out to Talley Properties today!