8 Ways To Improve Your Salt Lake City Rental Property’s Energy Efficiency

As a property management company in Salt Lake City, Utah, Advanced Solutions works with property owners to help them maximize their rental investment with proven systems. One of the ways that we do that is by helping them make their rentals more energy efficient.

Increasing your rental property’s energy efficiency is a smart investment that can pay dividends. Not only will it attract eco-conscious tenants and potentially increase your property’s value, but it’ll also lower utility bills and contribute to a more sustainable future for our city.

In this guide, we’ll explore ways to maximize your rental property’s energy efficiency and resources available in Salt Lake City.

1. Upgrade Appliances and Systems

One of the best ways to boost energy efficiency is to upgrade to modern, energy-efficient appliances and systems. Check out:

Install ENERGY STAR rated appliances that can use up to 50% less energy than old models.
Replace old HVAC systems with energy efficient ones.
Get a heat pump water heater for more efficient water heating.

These upgrades not only save energy but also appeal to tenants looking for modern amenities.

2. Insulation and Sealing

Insulation and sealing is key to a comfortable indoor temperature and minimizing energy waste. Do:

Conduct an energy audit to find and seal air leaks around doors, windows and other openings.
Upgrade insulation in the attic, walls and floors to reduce heat transfer.
Consider replacing old, drafty windows with energy efficient ones.

According to a study by the U.S. Department of Energy, implementing these measures in Salt Lake City can save a lot of energy, with most households seeing positive cash flow in as little as 3 years.

3. Smart Technology

Adding smart technology can really boost your property’s energy efficiency:

Install programmable or smart thermostats to auto adjust temperatures.
Install smart locks and lighting systems for extra security and energy savings.

These modern amenities not only save energy but also attract tech savvy tenants.

4. Lighting and Electrical

Upgrading your property’s lighting and electrical systems can save a lot of energy:

Replace traditional bulbs with LED lighting throughout the property.
Upgrade the electrical panel and wiring if necessary to support more efficient appliances.

LED lighting is a simple and effective way to reduce energy consumption and lower utility bills.

5. Water Conservation

Water efficiency is part of overall energy efficiency:

Install low flow fixtures in bathrooms and kitchens to reduce water waste.
Encourage prompt reporting of leaks and address them quickly. These measures not only save water but also reduce the energy required for water heating and pumping.

6. Exterior

Don’t forget the exterior of your property:

Install drought-tolerant landscaping for Utah’s climate.
Add energy efficient outdoor lighting for security and aesthetics.

Well maintained landscaping and outdoor lighting can increase curb appeal and contribute to energy efficiency.

7. Educate Tenants

Empower your tenants to be more energy conscious:

Provide educational materials on energy saving practices.
Consider offering incentives for energy efficient behaviors.

The Utah Clean Energy organization has an Energy Efficiency Guide for Renters which includes 25 actions tenants can take to save energy at home.

8. Take Advantage of Incentives and Financing Options

Salt Lake City and Utah have programs to help property owners finance energy efficient upgrades:

Utah C-PACE Program

The Commercial Property Assessed Clean Energy (C-PACE) program is a financing tool that allows property owners to access long-term, fixed-rate financing for energy efficiency improvements. Key features include:

Financing for up to 100% of project costs for existing buildings and up to 35% for new construction.
Long-term financing options up to 30 years.
Non-recourse financing upon completion.
Ability to transfer the obligation upon sale or prepay.

The program covers a wide range of improvements including HVAC systems, lighting, insulation and renewable energy projects.

Rocky Mountain Power Rebates

Rocky Mountain Power offers cash rebates for energy efficient upgrades in multifamily properties. These incentives can help offset the cost of improvements and accelerate your return on investment.

Home Energy Rebate Program

You can receive up to 30% tax credit on qualified energy efficiency improvements to your home completed after January 1, 2023 and before December 31, 2032. More information on federal home energy rebates in Utah can be found on the Utah Clean Energy website.

Benefits of Energy Efficiency Upgrades

These energy efficiency upgrades can provide:

Lower operating costs and utility bill savings for property owners and tenants.
Increased property value and attraction to potential renters.
Improved comfort and indoor air quality for tenants.
Reduced environmental impact and contribution to Salt Lake City’s sustainability goals.

According to the U.S. Department of Energy, adopting the latest energy codes in Salt Lake City is estimated to reduce greenhouse gas emissions by 899,300 metric tons over 30 years or the annual emissions of 200,000 passenger vehicles.

Maximizing your rental property’s energy efficiency in Salt Lake City is a win-win for property owners, tenants and the environment. Follow the steps in this guide and take advantage of the incentives and financing options to create a more attractive and cost-effective rental property and contribute to a more sustainable Salt Lake City.

Remember energy efficiency is an ongoing process. Stay informed on new technologies and incentives and educate your tenants on energy saving practices. You’ll see financial benefits and play a vital role in making Salt Lake City a more energy efficient and environmentally friendly community.

For more information on energy efficiency programs and resources in Salt Lake City visit: