RENT Magazine Q4 '24

The holiday season often leads to higher utility consumption from heating systems working overtime to decorative lights brightening up homes. For property managers, this can mean increased utility costs and the need for fair cost allocation among tenants. For properties with a house meter, a well-implemented utility billing and cost recovery system can help mitigate these expenses while encouraging tenants to adopt conservation-friendly practices. Here are actionable tips to promote conservation during the holidays and reduce utility costs for both property managers and tenants. 5 HOLIDAY CONSERVATION TIPS FOR PROPERTY MANAGERS: SAVING ENERGY AND REDUCING UTILITY COSTS

1. OPTIMIZE HEATING SYSTEMS

Schedule Pre-Holiday Maintenance: Ensure

Encourage Energy-Saving Behaviors: Share tips with tenants about lowering thermostat settings when they’re away or asleep. This not only saves energy but also helps minimize utility bills for the entire property.

Fair Heating Cost Recovery: A utility billing system like Ratio Utility Billing Systems (RUBS) can fairly allocate heating costs to tenants, encouraging mindful energy use during the holidays.

HVAC systems are working efficiently to avoid energy waste. Proactive maintenance can help reduce seasonal spikes in heating costs.

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