Why Landlords With Multiple Homes Should Consider Home Energy Management Systems

Energy is a significant investment for many landlords and homeowners, as it typically takes up much of their bills. One thing that few landlords realize is that a good home energy management system may help offset many of these bills.

Owners Can Pay A Lot For Electricity

The average home will go through a lot of electricity in a year. On average, it will go through around 11,000-kilowatt hours every year. When converting that to cash, a typical rate is about 12 cents per kilowatt hour. Though these rates will vary depending on the location of a home, they are a typical average for most states and cities around the nation.

Calculating that all out, it is about $1,300 or so per every home. A landlord that owns five or more homes is likely to end up paying over $6,000 and nearly $7,000 every year for electric bills. This is particularly the case if they pay their tenants' electric bills. In this instance, it is necessary to consider a home energy management system.

How Home Energy Management Helps Landlords

Home energy management systems are designed to help make energy use more consistent and efficient. For example, many systems use automatic load-shedding to help balance the phase of a system. In this way, the system can run in a more efficient manner and avoid serious problems. Other systems use concepts such as scheduling to create a more careful and accurate energy use.

Other control systems, such as lighting control and occupancy sensing, help make energy use easier to manage. If a landlord installs these systems in a home, they are increasing their efficiency, driving down electrical costs, and saving everyone a lot of money.

Whole-House System Approaches Are Unique

A whole-house systems approach is appropriate for a home energy management system because it takes into account every aspect of the home. This includes the use of its electrical appliances, the home electronics, heating and cooling systems, water heating, and much more. For a landlord looking to save money on electricity, it is vital to take this whole-house approach. They also provide a comprehensive type of coverage that is hard to beat when compared to more specialized systems.

By following this advice, it is possible for landlords to install a great home energy management system and keep their home energy use as efficient as possible. While it may cost a little money to invest in the systems at first, they will pay for themselves over time.