Save money and energy with lighting, refrigeration, ventilation, and water conservation.
Efficiency Vermont provides free compact fluorescent light bulbs (CFLs), low-flow shower heads, faucet aerators, and rebates for energy-efficient refrigerators and ventilation fans, for use in residential rental properties.
- Tenants in energy-efficient apartments are more likely to renew a lease than those who pay high utility bills.
- Tenants in energy-efficient apartments are less likely to complain about comfort-related issues.
- Tenants view their housing costs as a combination of rent plus utilities, and they balance those real costs against the level of comfort provided by their home.
- If tenant utility costs are high, available rental income for that unit will be reduced.
- As a rental property owner, you have the power to decide how much of the profit from your apartment goes to you, and how much will go to paying energy costs.
- Check out the Residential Rental Property Guide to Savings for more ways to save money and increase the appeal of your properties to tenants.