The environmental benefits to “going green” are well known. For rental property owners and managers there are also significant costs savings to be realized, as well. Here are some areas in which you might consider making green investments and saving money.
Electricity Savings
* Consider tinting windows and planting shade trees. Trees on the east and west facing surfaces of your buildings will help reduce indoor temperatures in the summer. In more northern areas, the leaves will fall in the winter allowing the sun to help warm the buildings’ interiors. In addition, there are now auto-tinting windows that act like variable shading sunglasses that adjust with the sun. Some manufacturers estimate that this can save up to 40% in energy costs.
Read more...The Value in Going Green: Where to Invest via Appfolio
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