As the days get shorter and the weather gets steadily colder, homeowners across the country will see their power bills increase dramatically. Heating and lighting your real estate investment through the late fall and winter can cost you thousands if you’re reckless. So don’t be! Here are a few steps you can take to help keep your heating and power bills to a minimum:
- Pull the plug. Did you know that even when a device or appliance is turned off it’s still drawing power? Things like televisions, home theater equipment and stereos actually run in “standby” mode when you leave them plugged in, and they can draw as much energy as a 100-watt light bulb. If you remember to switch off your power strips or unplug the individual devices, you can easily save $10 a month on your electric bill.
- Put your computer to sleep. Much like car engines, a computer uses more energy during startup and shutdown than it does when it’s left to continuously run in a low-power state. Instead of shutting your computer down, try putting it into hibernation mode instead. You’ll save money on your power bill, and because you won’t have to boot up quite so often, you’ll save time too.
- Use small space heaters. Don’t crank up the thermostat every time your real estate investment gets a little chilly. Small, portable space heaters can warm a bedroom in minutes, and when used wisely they can save you hundreds a month on your heating bill. You can pick them up at any department store for less than $20 per unit.
- Upgrade your windows. Do you have double-paned argon-filled windows in your home? If you don’t, they’re definitely worth considering. Not only will they save you 9.8 tons of heat annually, they’ll also boost your property value significantly.
The weather might be extreme this season, but that doesn’t mean your power bill has to be. If you take the right steps to insulate your real estate investment and remember to unplug your appliances when they aren’t being used, you can keep your wallet stuffed and your property value high.
Summer is coming not winter.
Whole house fans can help pull in the cooler morning and evening air before the heat of the day. Our AC is already running a good bit in the day as temperatures are getting up to 80.
We just put in a wifi smart water heater in our Vrbo. When no one is there I can put it in vacation mode so that it isn't heating water when no one is there. I also have wifi thermostats for same purpose.
All my properties are seperatly metered. Tennats pay for all utilities. Not my problem.
What a strange post....
Buy space heaters for under 20$ at a department store lol When was this article cut from ? 1983? Electric is far more expensive than natural gas . It’s way cheaper to turn up the thermostat than plug In space heaters .Tenants aren’t going to unplug anything or conserve squat ..in fact they will run ten appliances on one outlet and leave windows and doors open in the winter . Best you can hope for is separate meters . New windows offer very little energy saving benefit in my experience . Funny how paying for your own crap makes one conserve energy and become frugal
Originally posted by @Jason D. :
What a strange post....
Yes. Makes you wonder.