Here's an Experiment to Cut Monthly Electric Bills

69 viewsalmost 5 years ago4m 14sScore: 75

Al Williamson - LeadingLandlord

Pricing & Profitability
intermediate
Profitability
Expenses
Mid-Term Rental
Arbitrage

Summary

The presenter discusses his experiment to reduce electricity costs in his short-term rentals using a small solar panel setup that plugs directly into a wall outlet. He aims to offset energy usage by generating electricity on-site, reducing his electricity bill and increasing his profit margin. By forgoing a battery system, hosts must be vigilant about usage, and only use the system when appliances are also in use to be truly effective.