With electricity costs soaring, it isn’t surprising that many tenants when looking for their next rental property are considering how expensive their energy bills will be. Rental properties also need to meet minimum energy efficiency standards (MEES) or they are will not be allowed to go on the market. One of the most effective ways to appeal to potential tenants as well as meeting MEES is to install energy efficient LED lighting in your rental properties.
Appeal to new tenants
As well as appealing to potential tenants due to reduced energy costs, LED lighting can help make your residential property look more appealing as you are able to create different moods for each area of the property. If your property has lots of attractive key fixtures and fittings, installing LED downlights can help accentuate those, making it more appealing to potential tenants.
Reduce your carbon footprint
With climate change and carbon footprint at the forefront of many minds these days, switching to LED lighting can help reduce your rental property’s carbon dioxide emissions. This will also be another way of appealing to potential tenants.
LED lightbulbs are clean as well as energy efficient. Many of the materials used are recyclable and modern LED lightbulbs don’t contain the hazardous materials that can be found in other lighting sources.
Improve your property’s EPC rating
As each rental property needs to have an EPC rating of E or above in order to be put on the market, it is a good idea to investigate cost effective ways of making sure your property meets this criteria. As LED lighting uses 90% less energy than incandescent light bulbs, if you have any in your rental properties currently, replacing them with LED lighting can dramatically improve your EPC rating.
‘Bills all included’
Are your rental properties including all bills? If so, LED lighting could help you reduce your energy costs when it comes to your properties as they use considerably less energy, costing you less on your bills. Also, as LED lights need replaced less often than their incandescent counterparts, you won’t be spending your saved money on extra lightbulbs, saving you even more.
Looking to upgrade your rental properties to LED lighting? Get in touch and find out how we can help.