The holiday season is a time of joy, celebration, and togetherness, but it also brings about a noticeable spike in energy consumption. From dazzling light displays to extended cooking sessions and increased heating demands, your clients’ energy usage tends to skyrocket during this festive time.
As your energy recovery and savings partners, all of us here at the Multifamily Utility Company want to ensure you are aware of the numerous contributions that will result in a considerable spike in energy use and utility bills throughout this joyous season. We are here to alleviate any future questions your clients may have during their next billing cycle. Read on to discover the top reasons behind the surge in energy consumption during the holidays and gain mindful practices to help mitigate the financial impact almost immediately.
Heating and Cooling Demands: Who doesn’t appreciate a pleasant, comfortably regulated environment to enjoy some holiday ambiance and your favorite seasonal beverage? Depending on your geographical location, the holiday season may coincide with colder weather, requiring increased heating expenses. On the other hand, some regions experience warmer temperatures, which lead to heightened air conditioning costs. Regular maintenance of heating and cooling systems, proper insulation, and setting thermostats to optimal temperatures can contribute to energy conservation and lower utility bills without sacrificing comfort.
Festive Illumination: One of the most iconic features of the holiday season is the brilliant display of lights adorning residences and common spaces. While these festive decorations create a magical ambiance, they contribute significantly to increased energy consumption. Encouraging the use of energy-efficient LED lights indoors and outdoors instead of traditional incandescent bulbs can be a step toward a greener celebration.
Extended Cooking and Baking Sessions: Holiday feasts and seasonal sweets are central to the festivities. Still, the extended cooking and baking sessions can lead to a significant spike in energy consumption and costs. Installing or using energy-efficient appliances like convection ovens and induction cooktops, coupled with being mindful of cooking times, can reduce energy consumption while enjoying delicious holiday meals and treats.
Electronic Gifts and Gadgets: The holiday season typically sees a surge in electronic gift-giving with everything from smartphones to gaming consoles and tablets to the latest and greatest toys. While these devices bring joy to recipients, they will add to the overall energy consumption. Encouraging the use of energy-efficient devices, like those with ENERGY STAR ratings, can help mitigate the impact of electronic gifts on utility expenses.
Travel-Related Emissions: Holiday travel, whether by car, plane, or train, contributes to increased energy consumption and carbon emissions. Choosing eco-friendly transportation options like carpooling or exploring local holiday destinations can be more sustainable alternatives.
The holidays are a time for celebration. However, it’s essential to be mindful of the increased energy consumption and financial stress associated with festive traditions. By making conscious choices like the strategies above, we can enjoy the holiday season while minimizing the environmental impact and utility bills. Embracing a greener celebration approach ensures your festivities are joyous, responsible, and budget-conscious.
If conserving utility consumption and decreasing expenses in your portfolio all year long is essential, schedule a time to talk to your market specialist by clicking here.
About Multifamily Utility Company Multifamily Utility Company founded in 2007, is a leader in utility expense management and resident billing services. We are dedicated to providing a sustainable and cost-effective environment through awareness and conservation to help you increase your NOI and achieve your green energy initiatives. Our focus is providing customized utility solutions for our clients and their portfolio of communities in the US and Canada. Our innovative solutions include property management software integration, resident payment processing, in-house collections department, utility expense management, vacant cost recovery, regulatory support and submeter consulting. Multifamily Utility Company has been on the Inc. 5000 list of fastest growing companies six times, including 2019.