Winter is just around the corner. And the upcoming cold weather means more strain on your heating system. As a property manager, this must cause you to worry about the rising energy cost implications.
Whether you’re dealing with rental tenants in a multifamily building or vacation guests in a short-term rental, come winter a smart thermostat is non-negotiable.
Apart from saving energy and money, such technologies tend to add a ‘wow-factor’ to your rental. This means that your property listings will be in high demand, even during the off-season, especially with the tech-native Gen Y and Z renters.
Sounds like an exciting proposition? Read on, as this post elaborates on the top three reasons why you should consider investing in proptech that manages your HVAC system:
Cost savings:
As the mercury dips, most property managers fear a steep rise in energy bills. But, this needn’t be the case. You may leverage innovative technologies that respond to user behavior smartly to optimize the usage of your heating systems.
For example, smart HVACs learn tenants’ or renters’ daily routines to automatically toggle the in-room heating as needed. This will significantly lower your heating costs this winter.
Also, smart HVAC monitoring technologies alert you of any drop in the performance and efficiency of your system before renters have a chance to complain. Once you know when to schedule preventive maintenance servicing, it becomes easier to avoid costly repairs and extend system lifespan.
A study by one of PointCentral’s partners reveals average annual savings of $250 per home on HVAC maintenance thanks to automated monitoring.
Energy efficiency and sustainability:
The switch to smart home technologies will guarantee improved energy efficiency of your rental and lower its environmental impact. For example, your thermostats will no longer perpetually heat rooms while the guests or tenants step out. The connected smart home technologies will automatically switch off the heating the moment a room is vacant.
Smart temperature and humidity sensors also detect the indoor environment and keep it within the desired range.
What’s more, you may program the smart home to share energy consumption updates and tips on how to improve energy efficiency.
Tenant/ guest delight:
Upgrade your HVAC system to offer greater comfort and convenience to occupants of the rental. A smart thermostat puts the controls of the heating system right at the fingertips of your guests or tenants.
It will also ensure that your home is at just the right temperature, customized to the inhabitants’ needs, without them having to toggle with the HVAC settings every time.
Since most smart systems can be remotely controlled, guests or renters don’t have to worry about forgetting to switch off their HVAC before stepping out. They may control the system with just a few clicks of their smart device, from anywhere and at any time.
Thus, home automation technologies offer complete peace of mind to property managers and residents of the rental property.
Don’t get left out in the cold this winter
Forward-thinking property managers generally know a good investment when they see one.
And smart home automation technologies deliver exceptional ROI for your business, especially during the colder months.
This easy-to-install technology is sure to boost the value of your rental property to potential renters. At the same time, it will ensure energy cost savings and greater guest or tenant comfort.
In fact, in just a month or so, you end up recouping what you had spent on proptech. All you need to do is choose the right tech stack for your rental’s needs.
So don’t delay a good thing. Ensure your home is toasty and comfortable while reducing HVAC management hassles with PointCentral.
