Today’s rental market is extremely competitive and being profitable with the leasing of building space can be fraught with difficulty. As everyone knows, there are basically two ways to stay ahead in the property business. One is to boost your earnings, which normally means raising the rent for your tenants; the other is to lower operating costs. In today’s competitive market, raising your tenants’ rent might easily cost you more money than it brings in, causing your tenants to go elsewhere. The market being what it is, it would be easy for them to find properties with reduced rental prices. For that reason, if you want to stay ahead, the best thing to do is to cut your expenses. Solar heating tubes reduce heating costs, slashing one of the larger bills that cut into your profits, and cost less to install than than you might expect.
Whether you own residential, industrial or commercial buildings, your tenants use hot water. Powering your building’s heating system is probably one of your biggest expenses. Using solar heating tubes to heat your water takes a large chunk out of the amounts of gas or electricity you use to keep your tenants in hot water, therefore reducing your bills (and your bottom line) considerably. With modern solar technology, even people who own property in colder, less sunny environments can save money.
Solar heating tubes are cylinder shaped tubes that take in sunlight and store its energy in the form of heat. The shape of the tubes increases the efficiency of the technology as they will soak up sunlight early in the morning and during the evening. Solar panels, however, need direct sunlight and so will only absorb energy for shorter periods every day.
Heat from the sun is absorbed by the tubes and stored internally by an inner tube of fluid. The liquid super-heats to one hundred seventy degrees Fahrenheit and is then transferred to your heating system. Put simply, this means that the sun’s heat is used to warm your building’s water. Solar heating tubes also give you a second way to reduce heating costs; by using that heated water to heat the entire building.
Whether or not you understand the details of how they work, what is important is that solar heating tubes will help you reduce heating costs. If you can reduce your expenses and lower your rates, this will give you an advantage over the competition. As many of the world’s governments call for people to switch to renewable forms of energy, you should seriously consider investing in solar heating tubes to reduce heating expenses. With some research you should discover that the government will reimburse some of the costs involved.
Of all the benefits, conceivably the best reason to install solar heating tubes is so that your tenants know that you are doing everything in your power to keep their energy costs and carbon emissions down. Should you be advertising for new tenants you might also find that your cost cutting measures have given you a great deal of appeal with a growing number of people that are concerned about the environment.
Craig Axelrod is a partner for Emmy Energy, a business offering & clean energy products in the Northeast.
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