Making your rental property “green” is easier than you think. More and more landlords are going green with their properties. And even more and more don’t know where to begin. Here are some tips to get you started:
Replacing your faucets and toilets with low-flow faucets and toilets can reduce water usage across the board. Many gallons of water can be saved just by making this switch. These savings can also affect your heating bill. Since your tenants won’t need as much hot water, the heating bill can be reduced. Water is a crucial part of life for many states and cutting back on water waster can greatly benefit the environment.
Insulation can be installed to benefit the environment. Materials for insulation are inexpensive. It keeps airflow at a minimum between outdoor and indoor areas. It can also control the temperature within a property. Installation may be difficult. However, there are some options that can make installation easier. I would suggest you do research before making a decision.
Another option to control air flow is air sealing. One way to go about this is a pressure test. You will need to hire an expert for this, so keep that in mind. Areas that can be tested for air loss are base boards, windows, and outlets. Foam, caulk, and gaskets can be used to seal the area.
Solar energy is a great tool to go green. Solar energy can reduce electricity usage to zero. You can even receive credit on your bill during the summer if excess electricity is fed through the power grid. This credit can then be put towards the winter months. Systems are scalable and energy formulas depend on the contractor. So again, do your research.
The biggest note to take away from this is to do your research. Going green may not be for every landlord due to time or budget constraints. But take some of these tips into consideration. They could benefit you greatly later on.