Creating an energy-saving home isn’t just beneficial to a homeowner intending to minimize the utility bills. It is a major step in curbing the greenhouse gas emissions and reduces the use of fossil fuels in the country. With that, the federal, local, and even the state government are taking such improvements seriously. Note that energy improvements are becoming eligible for tax credits and rebates. Though the magnitude of these credits varies from place to place and project to project, the improvement projects are worth your time and money.
Eligible Home improvement projects
Many home improvement projects will enhance the functioning of your home. But not every project is considered as energy-efficient improvement project. Besides, the eligibility of the home improvement project varies with the location. However, upgrading the following components of your home can be considered as energy enhancement.
- Electric heat pump water heater
- Metallic roofs
- Storm windows and storm doors
- Central air conditioning
- Exterior and interior doors
- Air-source pumps for heating
- Skylights and exterior windows
- Advanced primary air-circulating fan
- Geothermal heat pumps
- Propane, gas, oil furnace or hot-water boiler
Note that solar energy home improvement projects are also considered energy-efficient enhancements. Therefore, including of solar panel improvements in your home improvement projects or new constructions will improve your home’s energy consumption and minimize your utility bills.
Are energy improvements more effective than what you have now?
We all know that in most cases, keeping the appliances we have until are no longer functional is the most eco-friendly option. Just like constructing a new house needs more energy, purchasing a new fridge that is energy-efficient is better than using your 20-years old fridge that consumes more energy.
To decide whether to maintain the appliances you have or purchase new ones, you will need to analyze their energy consumption and how much you are likely to save when you replace what you have. Keep in mind that appliances that aren’t energy efficient will increase the utility bills and that implies that larger part of your income.