Energy costs are continuously increasing without any signs of a ceiling cap in the future. Despite this, many landlords, property managers and superintendents have not implemented and taken advantage of the benefits to be made by becoming energy efficient Today’s energy-efficient technology and processes are imperative to reduce costs, improve operating performance and increase tenant comfort while contributing to a cleaner environment.
We at Boncore Management make it a priority to combat rising utility costs by continuously monitoring, evaluating and making energy efficient changes to the properties we manage. Special attention is given to the following areas of the building:
Windows, doors and walls are susceptible to heat loss, simple inexpensive applications of caulking, weather stripping or mortar re-pointing are inexpensive solutions and cost effective. Plumbing – Water loss from kitchen and bathroom taps and toilets is one of the biggest contributors to high costs that can be resolved by regular maintenance inspections. A simple washer or adjustment of a ball float or flapper will add up to thousands of dollars in savings.
Lighting in common areas such as hallways which are on 24 hours daily should be upgraded to LED (light emitting diode) light fixtures. Lobbies and areas which have natural sun light throughout the day should be set on light sensors. Areas that have been overlooked and have considerable savings are the rental units themselves. We cannot regulate how long tenants leave lights on but can make the light fixtures cost efficient by replacing outdated regular light bulbs with high efficiency LED units. For a minimum expense a motion sensor can be installed in washrooms, kitchens and hallways where lights are prone to be left on.
Regular maintenance can expand the life of the present heating and hot water systems but there will come a time where it makes sense to convert to new high efficiency units to drastically cut down on utility costs
Contact us today to start saving money and start making money.