As Ofgem has recently announced the energy price cap is set to rise by 6.4% from April 2025, meaning higher costs for tenants – and potentially more complaints about expensive bills. As a property manager or landlord, addressing energy waste in rental properties is not something to overlook; it’s a financial must for you and your tenants.
Energy Waste in Rental Properties (And How to Fix it)
1. Poor Insulation – Draughty windows, thin walls, and poor loft insulation mean tenants overuse heating. Consider upgrading insulation to improve EPC ratings and attract eco-conscious tenants.
2. Outdated Appliances – Old white goods in furnished rentals can drive up tenant energy costs, leading to disputes or early lease exits. Fitting energy-efficient appliances helps future-proof your property.
3. Inefficient Heating Systems – If your rental’s boiler is over 10 years old, it’s likely inefficient. A new, A-rated boiler can significantly cut running costs and increase property value.
4. Forgotten Standby Costs – Tenants often leave devices on standby. Offer smart plugs or power-saving reminders to help them lower their bills.
5. Smart Meter Awareness – Encourage tenants to check smart meter data and adjust usage accordingly. Consider a welcome guide with energy-saving tips.
Why Energy Efficiency Matters for Landlords
- Lower Tenant Turnover – Cheaper energy bills mean happier tenants who stay longer.
- Higher EPC Ratings – Stricter energy efficiency rules are coming. Get ahead now.
- Reduced Wear & Tear – Efficient heating reduces system strain and maintenance costs.
- Increased Property Appeal – Energy-efficient homes are more attractive to tenants and buyers.
Investing in efficiency now can save you headaches (and money) in the long run. With energy costs rising, helping tenants cut energy waste in rental properties isn’t just good business—it’s essential.
Cutting energy waste isn’t only about comfort—it’s about keeping costs under control. Whether you’re a property manager or landlord, these small fixes can do wonders for energy waste in rental properties. Need urgent repairs or expert advice? Emergency Hero is here 24/7 to help you stay powered up without breaking the bank.
Call us now on 07457 411 865 or find out more HERE.