Avoid Misconceptions When Investing in Home Efficiency06/23/15
Improving your home energy efficiency is a worthy and admirable goal. You can help reduce your impact on the environment while saving money with savvy decision making. However, the up-front investment for some efficiency upgrades is substantial, so always do your due diligence before you find electrician services and commit to buy. Read on to clear up some misconceptions about home efficiency and make sure your money is being put to good use.
You Don't Have to Sacrifice Your Comfort: It's true that the best way to conserve energy is to use less of it with strategies like turning off the lights or keeping the temperature lower in the winter. But that doesn't mean you have to sit shivering in the dark. The key to efficiency is to get the same amount of utility for less energy input. That means replacing old incandescent bulbs with LED versions, or investing in better HVAC technology like a smart thermostat. That way, you can keep your home environment tuned to your comfort while reducing consumption at the same time.
Don't Rush into a Big Ticket Item: The most dramatic way you can upgrade your efficiency is with a brand new heating or cooling system. Equipment efficiency has improved drastically in recent years, and new technologies like geothermal heat pumps, biomass boilers and solar panels can all reduce your bills dramatically. However, they aren't risk free. You’ll often face a significant up-front investment when you find electrician services for these installations, and the actual savings that you will realize can vary widely based on factors like the price of fuel. You could also see a loss if you make a big purchase and decide to sell your home soon after; there’s no guarantee you’ll recoup the cost in the selling price.
That's not to say you should avoid large efficiency investments – just look before your leap. You will get the best return from these items if you already need to replace outdated equipment anyway, and if you plan to stay in your home for many years. To reduce some of the upfront costs, you can also look for federal tax credits that refund up to one third of what you spend, as well as options to lease solar panels so you don't have to put any money down at all.
Don't Forget the Insulation: On the other side of the coin, new HVAC technologies won't do you much good if all that treated air just leaks into the outdoors. One of the biggest ways you can improve your efficiency is by plugging leaks and upgrading your insulation, which is typically a much cheaper fix. With a leak detector, some caulk and spray foam insulation, you can seal up your house with minimal investment, saving you money in the short term as well as preparing the house to get greater efficiency out of newer technologies.
For more straight shooting about how to get the most value for your efficiency investments, find an electrician to conduct an energy audit on your house. Your local Mister Sparky® is always available to help!