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July 26, 2022Finding a balance between keeping tenants comfortable and minimizing energy costs can be tricky for landlords. As energy prices continue to rise, the dance between meeting tenants’ expectations and saving money becomes more challenging. Cities across the U.S. and the world are expecting the highest rate increases ever. One potential solution is to install a landlord thermostat.
What is a Landlord Thermostat?
A landlord thermostat is a device that helps manage energy consumption in rental properties. By allowing landlords to set limits on how high or low tenants can set the temperature, these devices can help save on energy costs. The U.S. Department of Energy estimates that turning the thermostat down in the winter and up in the summer from 7 to 10 degrees for eight hours can save as much as 10% on your heating and cooling bill.
What Are The Benefits of a Landlord Thermostat?
Property owners can enjoy considerable savings using landlord thermostats. Here are some potential benefits:
1. Save on Energy Costs
As mentioned above, one of the most significant benefits of a landlord thermostat is the potential to save on energy costs. By setting limits on how high or low tenants can set the temperature, landlords can help minimize energy consumption.
2. Increase Tenant Satisfaction
Another benefit of a landlord thermostat is that it can help increase tenant satisfaction. By allowing tenants to control the temperature in their unit, landlords can help create a comfortable living environment. This can lead to happier tenants and fewer complaints.
3. Reduce Maintenance Costs
Another benefit of a landlord thermostat is that it can help reduce maintenance costs. By setting limits on the temperature, landlords can help prevent damage to the unit from extreme temperatures. This can lead to fewer repairs and lower maintenance costs.
4. Help the Environment
Finally, a landlord thermostat can also help the environment. By helping to reduce energy consumption, these devices can help minimize the impact on the environment. Reduce your carbon footprint and help make a difference by using a landlord thermostat.
What Is An Appropriate Temperature Range?
The temperature range for a landlord’s thermostat will vary depending on the property and the tenant’s needs. However, most experts recommend a range of 68 to 78 degrees Fahrenheit as a comfortable temperature for most people.
How Do Landlord Thermostats Work?
Landlord thermostats allow landlords to limit how high or low tenants can set the temperature. These devices typically have two settings: a high limit and a low limit.
The landlord can set both the high and low limits. Most landlord thermostats also have an automatic setting that will return the temperature to the middle of the range after a set period. This helps ensure the unit is not left on for too long and wasting energy.
Landlord thermostats can be a great way for landlords to save on energy costs, increase tenant satisfaction, and reduce maintenance costs.
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