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Energy costs of different properties are gradually increasing each year due to changes in the climate and the number of people moving to different rentals. This creates several issues for landlords and property managers managing several properties of their own. Suddenly, energy costs are going up and finding ways to make each rental energy efficient becomes much more important. This can be a challenging task for any property manager, but our team can provide great assistance.
At Mareka Property Management, we’re a condo management company that provides commercial property management services for local landlords and managers. We’ll find and implement ways to reduce each rental unit’s energy output and improve its overall efficiency. This will not only help the environment but also curb your monthly energy spending.
Contact Mareka Properties today to allow us to handle all the hard work while you handle all the other important things. You can be assured and relax easily knowing our team will help you manage the day-to-day operations of your properties.
Whether your investment is a townhouse or in a high-rise building, we know managing a condominium corporation requires experience, responsibility, and a commitment to delivering high-quality service. Mareka has been managing the day-to-day operations and guiding the boards of directors at condominium corporations since our company’s inception – this is our most central area of expertise.
How Can You Save Energy In A Building?
One of the easiest ways to save energy in your building is by having an energy-efficient HVAC system. This is key to increasing your property’s heating and cooling efficiency, especially if they are larger in size. With an energy-efficient HVAC system in place, your tenants will only get the right amount of cool air they need at no extra cost. Having them regularly inspected and provided with maintenance can also keep them in top condition.
Ceiling fans can also help you save more energy efficiency by helping to distribute air more evenly, lowering strain on your HVAC system. It helps to circulate the air enough in a room to provide a cooler sensation during the summer. This limits your energy consumption, unlike an air conditioner that takes a lot of electricity to run.
Adding insulation is another easy way to save energy in your building. It’s a fairly inexpensive venture and can save you 10% of your energy bill. In a well-insulated building, less cool air leaks out during the hot season, reducing your need for instant cooling. When installing insulation to your rental units, make sure your building is airtight as possible and seal up any area near doors and windows.
Rather than rely on an AC that takes a lot of electricity to run, encourage your tenants to open up their windows more to experience more natural breezes. This is but only one strategy you can use to improve your property’s overall electricity efficiency.
How Can Electricity Efficiency Be Improved?
You can improve your electricity efficiency by utilizing optimized natural light. Rather than rely on electricity most of the day to light up your rooms, encourage tenants to keep them off by adding spaces that allow for more direct sunlight. You won’t have to spend a dime when you design a room this way. Designing your property in a way that takes advantage of natural light can be a great way to reduce energy consumption. You can start by building more orientation and windows in your room to get more natural light in.
The building itself should be constructed or retrofitted to get the most amount of light in the longest time facing southwards of the room. Especially during those summer days, natural sunlight can easily come into your room for long periods of time, without ever having to rely on electricity. Large, well-angled windows along the ceilings and walls will help spread more natural light around each unit.
Another thing you can consider adding is programmable thermostats. This helps your tenant reduce their energy costs more easily and all they would have to do is program their thermostat around their schedule. This ensures that cool air shouldn’t run when no one’s home or if the unit is vacant. When it does activate, it will only do so when tenants enter the door. Smart thermostats are also connected to your HVAC system to properly maintain energy-efficient indoor temperatures. It automatically adjusts the temperatures based on local weather predictions and outdoor temperature differences.
How Does An Energy Efficient Rental Unit Attract More Suitable Tenants?
Rental units that are more energy efficient are very appealing selling points to potential tenants for a variety of reasons. It can be because they’re conscious of any environmental impact and want to limit their carbon footprint as much as possible. Or, they may want to stay somewhere where cool or warm temperatures can be measured efficiently. You’ll also be dealing with fewer vacancies as energy-efficient units may be more affordable for tenants in the long run.
Whatever the reason may be, we’ll help you make sure your property appeals to the right group of tenants and keep units occupied throughout the year. Contact Mareka Property Management today to learn more about how we can help you make your rental property more energy efficient.