Heating Options for Investment Property

So in one of my investment properties, I include energy usage. So with winter coming up, I'm thinking whether or not it is more cost-efficient to get a natural gas heater. Energy costs usually most prevalent during summer and in winter, most tenants/guests really just wear more clothing. Anyways I have ducted airconditioning and it is most likely an inverter reverse cycle. I'm stuck with energy trade on an embedded electrical system which for some reason makes me believe that the electricity bill is more expensive than traditional providers. Hence I why I've been looking into natural gas heaters.

Would some energy expert care to share whether or not they think it is worth the purchase of a natural gas heater or just stick with the ducted AC

Comments

  • +1 vote

    Just don’t include energy usage, let the tenant pay it like every other rental.

    Benefit to reverse cycle is that it’s useful all year round, heating, cooling and dehumidifying. Gas is only good for winter and you’ll still pay service fees in summer.

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      I have to pay for gas regardless, Energy Usage is included in short stays and shared properties

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        Okay makes sense now if it’s a short stay like Airbnb? What do you mean by shared property? Like a granny flat without seperate metering?

        Gas hot water or cooking I’m assuming?

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          Yes like Airbnb and also like room sharing, so paying per room.
          Gas is compulsory due to hot water heating is shared by apartment rather than unit so it links to a gas meter. Also gas cooking.

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    the gas heater has to cover all spaces , else tenants will still use your AC for heating

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    Inverter reverse cycle compressors are very efficient for heating so it would take quite some time to offset the cost of gas heating installation.

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      Yes true but I wouldn't know how cost-efficient it would be with the embedded electrical network, the discounts are reducing and I can't switch providers

  • +2 votes

    Add an extra few dollars per night (per room or person) and this should offset increased utility cost.

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    Probably better to install solar panels than convert to gas. If you have ducted inverter ac already.

    • -1 vote

      Yes true, except it's an apartment so I can't get it installed for myself and only for the complex. Secondly solar only works during sunny days.

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    Do you have a current outlet for a gas heater or would you get one installed?

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    Is the gas a strata/body corp inclusion? If so, you will struggle to get permission to install gas heating without also installing a meter in your property. Then you will also be paying for your gas cooking.

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      Gas is individually metered. We have to have a gas bill because our hot water is central owned by strata/body corporation. I already have a gas account

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        Ok, my previous apartment had a central HWS in the basement and one gas meter for the building.
        I'm no energy expert but the need to switch would have to factor in the location of the apartment and its window location/type.

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