Many home renovation projects are geared towards improving appearance, but they can also provide financial rewards.
This gives you the best of both worlds by creating a revenue stream that helps offset the cost of the project.
The most common way to save money with home improvements is through reduced energy costs. You can recoup some or all of your renovation investment with lower energy costs on projects like these.
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Upgraded Doors & Windows
Just as people come and go through doors, your heat does too. The same is true of windows.
Installing modern, insulated windows and doors will dramatically reduce the amount of heat that escapes from your home, easing the burden on your heating system–and on your utility bills.
There are many different windows and doors on the market. Not all of them are peak performers when it comes to conserving energy, looking good, or working correctly.
Work with a reputable replacement window company to find models that maximize your energy savings while still providing a beautiful look for your home.
Smart Thermostats
We’ve all had those moments during the day when we’re at work and can’t remember if we turned off the lights, closed the windows, or adjusted the thermostat before leaving home.
If someone has been a little too aggressive with the temperature, you could run up quite a bit of energy consumption in an empty house before someone arrives home to correct it.
Smart home technology makes it easy to check on these and other forgotten tasks from any location with mobile data or wifi service. Thermostats, lights, and many other home systems can be operated from your cell phone.
This makes it possible for the heat to run less during the day when no one’s home, then get the home back to the desired temperature in time for everyone to arrive at day’s end.
A Modern Roof
A thin, drafty roof is an expensive problem. Not only could it have deteriorated to the point that it begins to leak, but it also may be allowing heat to escape from your attic.
This essentially creates an ice pack that rests right on top of your house all winter long.
Having the roof repaired or replaced will prevent and eliminate leaks while also keeping the home’s warmth from escaping through the attic.
A good roof will also help shed ice and snow that will soak up additional heat, allowing the sun’s rays to begin bringing warmth back into the home after a winter precipitation event.
New HVAC Equipment
Just as old cars use more gas, old heating equipment uses more energy. That was true even when the equipment was brand new, and the effects of time make it even more inefficient.
Worn-out burners, leaky combustion chambers, outdated electronics, and many other factors have a part in making old heating systems inefficient and fuel-hungry.
The solution is simple: Replace the system with a modern unit. While the initial outlay of money is large, the system will easily cover much of its price tag in reduced energy costs and, thanks to its warranty, an end to repair bills.
Work with a qualified company to determine the size and type of system that will perform the best for you and save you the most money.
Additional Insulation
It’s simple to increase the temperature inside a home by using your furnace or HVAC system to blow warm air through it.
The challenge is often in keeping that warm air inside as much as possible. Many of the tips we’ve addressed so far are linked to this, but there is still the important topic of insulation.
A well-insulated home is cheaper to heat, plain and simple. Any renovation project that removes drywall or paneling to reveal insufficient insulation should include an upgrade.
It is also helpful to add insulation in attics, basements, and crawl spaces so that the least possible heat escapes from your home–and so that the least possible money escapes to your utility provider.
The development of new technology and the deterioration of old components are good reasons to update your home.
Making improvements in both of these areas can create savings for you by making your home more energy-efficient.
Infographic Provided By Solar Panel Installation Company, Sunburst Solar
