Excessive electricity usage does not only increase office building utilities, but it can also lead to higher maintenance fees for the landlord and can even cause problems like power outages and electrical fires.
This is why it’s essential for landlords to do everything in their power to limit or reduce tenant electricity usage, but there’s a right and a wrong way to do that. Imposing unrealistic limitations, using pre-paid electrical meters, and other so-called “solutions” can cause more trouble than they’re worth.
So, let’s have a look at the solutions that actually work, that effectively reduce utility bills, and that can be beneficial both to tenants and landlords.
Better Light Fixtures
For any landlord to reap the benefits of reducing the office building utilities, they should first invest in their rental units, and the first place where some investment is necessary is light fixtures.
Relying on older fixtures doesn’t only increase the utility bills, it requires frequent maintenance, and encourages further spending, both for the tenants and landlords.
Investing in LED light fixtures, on the other hand, has many benefits. These eco-friendly bulbs can help reduce office building utilities significantly. Primarily, LED light fixtures use up to 75% less energy than regular ones.
Secondly, since LED lights can last up to 10 or even 15 years. They require no maintenance whatsoever, making them a smart choice for any landlord.
Investing in motion sensor lights is also a great choice for landlords. This will guarantee that there’s no unnecessary electricity usage when tenants are not in their rental units. In entrances and stairways, lights will always need to be on, but in other areas and rooms motion sensor lights prove to be an excellent way to reduce utility bills.
Switching to Energy-Saving Appliances
Reducing office building utilities goes hand-in-hand with making improvements to the building itself. While most landlords would shy away from investing in upgrading appliances, this might actually be a great way for you to increase your bottom line.
Energy-saving appliances can prove to be expensive, there’s no denying that. But the benefits they offer are well worth it. Cutting electricity costs is just one of their advantages. These eco-friendly appliances might serve as an appealing feature to many investors and tenants, making it easier to raise the price of the unit.
Modern energy-saving appliances increase the value of the property by creating a nicer atmosphere. This upgrade can even result in tax deductions for landlords.
Investing in Maintenance
Investing in regular maintenance can ensure all electrical appliances and devices have a long life and are energy-efficient.
Regular cleaning of HVAC systems, sealing cracks, and investing in new efficient windows will help you save on heating and air-conditioning costs. When it comes to the HVAC systems specifically, this will ensure everything’s operating smoothly with no costly repairs.
Preventing excessive tenant electricity usage through these means will greatly affect any landlords’ bottom line. Tax deductions and increased rents are a great added bonus to being eco-friendly. For assistance making your property more energy efficient, reach out to MSC Electrical today!