Energy Saving Tips for Multi-Property Landlords

Being a multi-property landlord comes with a great deal of responsibility. It’s up to you to ensure gas and electrical equipment are installed safely and maintained,  keep properties free from any health and safety hazards, take care of fire safety, and provide tenants with an EPC certificate. 

You may decide to throw in the cost of bills with your tenancy agreements. Today, energy bills are higher than ever due to the cost of living crisis. Ultimately, you need to generate profits to be a successful landlord. You can ensure this by cutting down on your expenditure wherever possible. 

To help you out a little, we’ve come up with some energy-saving tips for multi-property landlords. 

Savvy ways multi-property landlords can save money on energy bills

There are various ways landlords can try to save money on energy bills, and here we have delved into a few of them. 

Double-glazed windows

Installing double-glazed windows will greatly reduce heat loss in your properties in no time. The benefits of this are two-fold. Firstly, you will have lower energy bills as a landlord, and secondly, this will help keep your tenants nice and snug warm during the winter months. 

Switch to energy-efficient LED lighting 

LED bulbs are more energy efficient thanks to their high lumen output per watt and the fact that they don’t convert as much of their energy into heat compared to incandescent and CFLs. Switch all the bulbs in your home to LEDs, and you can save £55 per year on electricity bills! 

Install other energy-efficient appliances

Investing in installing energy-optimising everyday household white goods such as cookers, dishwashers, and boilers will help reduce the energy consumption in your properties. Sure, they may cost a fair amount initially, but you will get your money back in lower energy bills down the line.

Tumble dryers are appliances that tend to use a particularly high amount of electricity. With this in mind, you may want to go for other solutions for drying your clothes, such as hanging them out on the line in your outdoor space. 

Improve your insulation

Getting your hands on upgraded loft insulation will cause less heat to be lost through the roof, and therefore lower your energy bills. 

Repair and maintenance to major permanent fixtures like roofs can be expensive. So, we also recommend getting landlord insurance to help cover your investment against unpredictable things like floods, fire, vandalism, and so on. After comprehensive landlord insurance policies at unbeatable prices to protect your properties? Be sure to check out CIA Landlord Insurance and its amazing packages.

Go for renewable energy options

Do you want to do your bit to protect the planet alongside lowering your energy bills as a landlord? In that case, you may want to consider investing in renewable energy options such as solar panels. You can try and make them look aesthetically pleasing so they are in character with the rest of your house and don’t look out of place. 

So, these handy tips should help you navigate through the rise in energy prices as a multi-property landlord. If you’re offering energy bills as part of the tenancy package, remember to keep a constant eye on the meters and readings so you can track energy usage. You’ve got this! 

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