Duplex outside Indianapolis - Ridiculously high heating bill

[Nicholas Joseph]

I own a duplex outside of Indianapolis, and during these winter months (since November) the heating bill jumped to over $600/month between both units. The spring and summer months were about half of that amount between the two of them. It's eating away every bit of cash flow from the property and then some.

Both units currently have baseboard heating - which I've heard can be on the more expensive side of heating options - but I'm not sure if this amount is realistic for the area, or if there is a better heating option that I should look into for a reasonable cost. Curious for other investor's opinions, and what others might do in this situation. Thanks!

[Skyler Southern]

Cold winter. I'd expect and plan for this each year. I've easily had $800-1000 bills for single units. Always push for utility bill backs or tenant covered electricity in your leases.