Tenant News

How to help tenants achieve low eco-friendly energy bills

Em Morley - December 10, 2019

Winter is upon us once again, which means it’s time for letting agents and landlords to consider the energy solutions and advice they offer to tenants.

Tenant Shop points out that while renters prioritise keeping costs down for bills, they are also increasingly aware of the environmental impact of their energy consumption.

Tenants increasingly conscious of environmental issues

Renters are now, more than ever, concerned with where their energy comes from and whether or not it is renewable.

Research by Your Move shows that 42% of tenants regard the eco-friendliness of a home as key when choosing a rental property – a figure which jumps to 50% in London.

According to Tenant Shop, this is a trend that is only going to grow as the climate crisis intensifies.

Glenn Seddington, Managing Director of Tenant Shop, says: “Having access to renewable energy could soon become a top priority for tenants as the population is more aware of green issues and people are increasingly committed to reducing their carbon footprint.”

Keeping energy bills down will always be paramount

It’s also important for tenants to be able to access affordable energy suppliers and tariffs. Keeping monthly bills down in cost will always be at the forefront of their minds.

Letting agents and landlords have a number of ways they can help in this situation.

Seddington explains: “One of the most effective ways agents and landlords can help tenants to keep energy costs down is by making rental properties as energy-efficient as possible.

“This could include servicing the boiler, providing cavity insulation and installing draught excluders.

“On top of this, tenants would also benefit from expert advice on how to keep a property warm without breaking the bank on heating costs.

“This kind of holistic service can help to keep tenants happy during the long winter months, increasing the chances of them staying for the long-term.”

Choosing a supplier in a busy market

Seddington says: “Energy is likely to be one of the most significant bills tenants pay each month, particularly in the winter.

“The modern renter has choice and flexibility in most aspects of their life, so there’s no reason why energy shouldn’t be a part of this.”

Seddington explains that tenants will increasingly look for a balance between affordable bills and being eco-friendly.

“Anything agents and landlords can do to facilitate this through advice, offers and home improvements could be highly valuable in securing long-term, happy renters,” he says.