There is a big push currently for homeowners to build ?green? or to remodel their homes to be more energy efficient. The upfront cost of green building materials and energy efficient windows and appliances can seem overwhelming to many homeowners. The high initial cost of becoming energy efficient causes some to question whether going green is worth the expense. Making your home more energy efficient does hold up under a cost benefit analysis; here are some of the ways it may benefit you.
Your monthly energy use will drop noticeably after the installation of energy efficient windows. Energy efficient windows are beneficial to the homeowner across seasons; they will always lower your monthly bill. Energy efficient windows are always an asset; but, in reality, they have the greatest financial benefit in climates that vary widely from season to season.
The cost of the most popular energy efficient windows averages around 165 dollars. If you own, or are building, an average sized home, you will likely need between 15 and 25 windows. If you do the math, you will likely spend just around 3,000 dollars. It?s difficult to say what you will save each year, but it is likely to be between 125 and 465 dollars.
These windows will save you anywhere between 125-465 dollars per year. The wide variation is due to regional climate and utility rate differences. If a homeowner saves 200 dollars per year, it will take about twelve years for him to recover the investment. However, the benefits aren?t only financial, you can also benefit by reducing your carbon footprint!
If you can afford to make your home more energy efficient this year, your financial reward will be far greater. The federal government is currently offering a tax credit available to all homeowners until December 2010. Replacing older windows with energy efficient windows can earn the homeowner a 1500-dollar tax credit if done before the end of this year. Windows are not the only efficiency update that will earn individuals a tax credit, however, certain appliances insulation and other updates will also earn you money back on your investment. Accomplishing energy efficiency updates before the end of the year will significantly reduce the time it takes to recoup your investment.
View our web systems containing articles and information about real estate in Niwot CO and Lyons CO real estate. Through these sites, you can learn more about Colorado cities, the real estate market, and even find home improvement tips.
Tags: eco-friendly, Energy Efficiency, energy efficient, environment, Home & Family, home owners
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