Energy poverty affects millions of households across the world, with the poorest families often being the most affected. It is defined as the inability to afford basic energy needs, such as heating, cooling, and lighting. This problem not only affects the quality of life of those who suffer from it but also has significant health and environmental implications. Property owners have a terrific opportunity that can assist their tenants in combating this issue while reducing the carbon footprint at the property.

Energy poverty is a complex issue that is influenced by a range of factors, including the cost of energy, the efficiency of buildings and appliances, and the income of households. According to the World Health Organization, around 1.1 billion people worldwide do not have access to electricity, while 2.8 billion use traditional biomass for cooking and heating, which is often the cause of indoor air pollution and respiratory diseases.

In developed countries, energy poverty affects around 10-20% of households, with those on low incomes, especially vulnerable. There are several ways a property owner can assist tenants in reducing their energy bills and promoting a healthy living environment.

1. Improve Energy Efficiency

Investing in energy efficiency measures can significantly reduce energy bills for tenants. Property owners can consider installing insulation, double glazing, and draught-proofing to reduce heat loss. Investing in Low-emissivity windows (usually called Low-E windows) have a special coating which reflects interior temperatures back inside, keeping homes warmer in the winter and cooler in the summer. Upgrading to energy-efficient appliances can also reduce energy consumption and save tenants money in the long term. Property owners can also consider installing a smart meter, which allows tenants to monitor their energy consumption and adjust their behavior accordingly.

2. Provide Advice and Support

Educating tenants on how to save on energy consumption, can also help reduce energy bills. Property owners can provide information on using appliances outside of the energy providers time-of-use plan and take advantage of Super off-peak hours for laundry or running the dishwasher. Property owners can find energy saving tips and time of use information through their local provider. Other tips include using window coverings that block out the suns heat during the day and open widows at night. Unplug small appliances and devices when not in use. Turning off computer and monitor at night. Always use LED light bulbs and adjusting the thermostat to the appropriate temperature. Check A/C and dryer vents. Dirty filters can cause your system to work harder, which wastes energy.

3. Subsidized Utility Rates

States and utility providers offer subsidized utility rates or low-income programs. A subsidized utility rate is when the government offers a reduced rate for certain utilities, such as electricity and gas. These programs typically have income requirements based on your household. It is not widely known that there are government programs that can help to reduce the cost of utilities for low-income families. In fact, states throughout the US offer subsidized utility rates or low-income programs. Property owners who pass-through electric and gas charges can work with the utility provider once a resident receives approval for a discount or credit to their unit. We are then able to pass-through utility credits for tenants that have qualified for such programs.

4. Work with Charities and Organizations

Working with local charities and nonprofit organizations can provide additional support for tenants who are struggling with energy bills. Organizations such as The Dollar Energy Fund and The Energy Assistance Foundation can provide assistance with households facing energy poverty. Check your local cities and state run outreach programs that are available for those in need of assistance.

Energy poverty is a significant issue that affects millions of households across the world. As a property owner, there are several ways you can assist your tenants in reducing their energy bills and promoting a healthy living environment. Improving energy efficiency, offering advice and support, and working with charities and organizations can all make a significant difference. By taking these steps, property owners can help combat energy poverty and improve the lives of their tenants.

 

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