EBFD6 said:The tenants probably pay for the electric bill.
I had a landlord call me for the same situation. He had an oil burner for forced hot water, he paid for the oil and heated the entire 6 unit building.
He wanted electric baseboard installed in each unit, obviously off of the panel for the unit, so the tenants would pay for the electric heat and he would no longer have to pay for oil. I pointed out that the boiler was also providing hot water to the building, so he would need 6 water heaters installed and wired, and he would need to hire a plumber to re-pipe the hot water system so each tenant would be paying for their own hot water!
I never heard back from him :roll:
In some states, your not allowed to switch to electric baseboard heating, he better check the laws, also some states require the building be insulated to an value that most older buildings will not meet. His idea of passing on the heating expense to the tenant may look like an easy move, until the tenants lawyer up. sounds like the typical new to managing property guy, they think they have a gold mine in their property until the facts get in the way.