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Smart Ways to Lower Your Energy Bills and Boost Property Value

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Smart Ways to Lower Your Energy Bills and Boost Property Value 1

Upgrade Your Insulation

One of the biggest culprits of high energy bills is inefficient insulation. Poor insulation leads to heat escaping your home, which means you’ll need to use more energy to keep the property warm. When upgrading your insulation, it’s essential to consider the current regulations as they vary from state to state. Hiring a professional to carry out an energy audit is an excellent way to determine the type and amount of insulation needed for your home. High-performance insulation will increase your property’s value and attract future buyers to your home.

Smart Ways to Lower Your Energy Bills and Boost Property Value 2

Invest in Energy-Efficient Appliances

Your appliances are the second largest energy consumers. Replacing your old, inefficient appliances with energy-efficient models is an excellent way to reduce your energy bills. Energy Star certified appliances use less energy than non-certified appliances, and they still do the same job. They also have a more extended lifespan and can save you money over the long term. When purchasing a new appliance, consider its energy efficiency rating and the amount of energy it’s likely to use to make an informed decision. This investment can elevate the value of your property, especially as more people understand the benefits of energy conservation. If you wish to expand your knowledge further on the subject, don’t miss this carefully selected external resource we’ve prepared to complement your reading. Investigate this insightful study!

Upgrade to LED Lighting

Lighting can take up to 11% of your home’s energy consumption, making it a significant factor in your energy bills. Upgrading your traditional lighting to LED lights can help you reduce your energy consumption and the number of times you have to replace bulbs, saving you money over time. LED lights have a longer lifespan and consume 80% less energy compared to traditional bulbs. They also come in different shades of lighting, from warm to bright white, which can add value to your home aesthetically.

Install Programmable Thermostats

You may not realize it, but installing programmable thermostats is a cost-effective way to manage your energy consumption. Setting your thermostat to turn down by 1°C for eight hours a day when you’re not home can save you 1% on your energy bills. When installed correctly, programmable thermostats can also reduce your energy consumption by 10 to 30%. They’ll adjust temperatures based on whether or not you’re at home and the time of day, which will reduce the need to keep resetting the temperature manually. Installing smart thermostats, which are controllable from your phone, can further optimize your energy usage and increase your property value during resale.

Seal Air Leaks

Unsealed windows and doors, as well as drafty areas in the attic, walls, and basement, can increase your energy bills, as your home will lose a lot of heat. Sealing these areas and closing your doors and windows can help you reduce your energy consumption by up to 10%. Sealing air leaks also promotes improved air quality and makes your home more comfortable to live in. Finding and sealing these leaks doesn’t always require a professional but finding someone with experience in sealing to do it can save you time and money over the long term.

Conclusion

Managing your energy consumption is an easy way to save you money over the long term and boost the value of your property. By keeping up with the latest energy-efficient appliances and investing in strategies such as programmable thermostats or upgrading your insulation, you can increase your home’s worth by reducing your monthly bills. While other strategies that require a professional’s involvement, such as sealing air leaks, are essential, your primary focus should be eliminating your energy consumption. Not only do these strategies lead to energy and cost savings, but they define you as a responsible homeowner and show that you’re committed to environmental conservation, which many buyers value in a property. Should you desire to discover more about the subject, home energy audit, to complement your study. Find valuable information and new perspectives!

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