The most important step is to find how much energy is being used in your property. An energy audit will pinpoint the areas where energy is being wasted so that effective steps can be taken to eliminate the problems. Energy audits can be conducted by local utility or a professional can be hired to do a very comprehensive examination. However, the first step for landlords, property managers or property management company to saving money on energy can be a do-it-yourself energy audit. An energy audit can be conducted by taking the following steps:
1. Check the insulation levels in the attic, exterior and basement walls, ceilings, floors and crawl spaces.
2. Check for holes or cracks around your walls, ceilings, windows, doors, light and plumbing fixtures, switches, and electrical outlets that can leak air into or out of your home.
3. Check for open fireplace dampers
4. Make sure your appliances and heating and cooling systems are properly maintained. Check the owner’s manuals for the recommended maintenance.
5. Study the lighting needs and use patterns, paying special attention to high-use areas such as the common area and outside lighting. Look for ways to use lighting controls—like occupancy sensors, dimmers, or timers—to reduce lighting energy use, and replace standard (incandescent) light bulbs and fixtures with compact or standard fluorescent lamps.
After the energy audit, prioritize the changes that need to be done based on savings versus the cost of fixing. Download this guide from US Department of Energy on tips for saving energy and money by CLICKING HERE.
This blog post is brought to you by SimplifyEm Pay Rent Online and Property Management Software
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Tips on finding Energy leaks in your property for landlords and property managers is brought to you by SimplifyEm Pay Rent Online and Property Management Software|
Welcome back! What did you think of our Property Management Software?
Are you subscribed to our feed and receiving email updates? |
You might also want to read:
- Property Management Companies and Property Managers Guide to Going Green For New Businesses Adopting environmentally-friendly and energy efficient business practices provides numerous benefits to new property management companies and property managers looking to control costs, attract customers, and become socially responsible. This guide provides you with some important......
- Irvine Company and Westwood Gateway Reduces Annual Energy Costs With ReGreen Corporation Energy Efficiency Solutions July 20, 2010: When it comes to energy savings the Los Angeles based ReGreen Corporation continues to provide clients with unparalleled reductions in energy costs. Irvine Company, one of the largest commercial and residential property......
- 5 Tips for Landlords Rental Property owners Property Management companies and Property Managers on Avoiding an IRS Audit Landlords, rental property owners, property management companies and property managers often do not realize their tax preparers, unlicensed and licensed, may be putting them at risk. Both may give no advice – or even worse,......
- 5 creative tips for landlords, property managers, property management companies to retain tenants Most landlords, property managers and property management companies tend to be reactive about lease renewals and it worked during a hot market when rents were going up and rentals were in high demand. Now renewals......
- Tax Tip for Landlords, Property Managers and Property Management Companies – New Mileage Deduction for 2010 The Internal Revenue Service today issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an automobile for managing properties by landlords, property managers and property management companies Beginning on......


{ 1 trackback }