5 MONEY-SAVING GREEN UPGRADES
Going green is great for the environment, but that’s not the only benefit. When you make green upgrades to your home, it can also lead to some major savings.
1. Solar panels: The upfront cost is big, but the long-term savings are much more. Solar panels will cost several thousand dollars to install, but ongoing maintenance costs are very low, and a typical system could save you hundreds of dollars per year. You can even sell your surplus electricity.
2. Wood furnace: Wood-burning furnaces are relatively inexpensive, and though the yearly savings aren’t as dramatic (about 10% on heating bills), it adds up over the long run.
3. Insulation: There’s a good chance your insulation isn’t very efficient, especially if your home is an older one. Consider installing floor, cavity, wall, and loft insulation to reduce your heating bills.
4. Rain barrels: Rain barrels are inexpensive, and they provide gallons of free water to use when you wash your car, water your garden, etc.
5. Geothermal system: I’ll admit the cost is scary initially and maybe a sticker shock. A geothermal system uses the earth’s temperature to heat and cool your home and can cost approximately $30,000 to install. However, with tax credits you could recover a lot of that money back. By doing so, your energy savings average about $1,900 per year. If you plan to live in your home for a decade or two, it’s a great investment.
For more ways to incorporate green living in your home and save money, contact The Chambers Realty Group at (678) 579-4020. We would love the opportunity to answer your questions and to provide you with additional resources.