As homeowners, we're always looking for ways to save money on our energy bills while keeping our homes comfortable. One often-overlooked area of the house that can make a big difference in both regards is the attic. By improving your attic's insulation, you can save money on your energy bills in the long run while also increasing your home's overall energy efficiency.
So how exactly does improving your attic's insulation save you money? Here's what you need to know.
Reduced Energy Consumption
One of the biggest benefits of improving your attic's insulation is that it can help reduce your home's overall energy consumption. Inadequate attic insulation can allow air to escape your home more easily, meaning your heating and cooling systems have to work harder to keep your home at a comfortable temperature. By improving your insulation, you can keep more of that air inside, which means your HVAC systems don't have to work as hard, which in turn can lead to lower energy bills.
The exact amount you'll save will depend on a variety of factors, including the size of your home, the climate you live in, and the type of insulation you use. However, some studies have found that homeowners who upgrade their insulation can save as much as 15% on their energy bills.
Long-Term Savings
Another benefit of improving your attic's insulation is that it can lead to long-term savings. While the upfront costs of insulation can be significant, the savings you'll see on your energy bills over time can make up for it. According to the U.S. Department of Energy, homeowners can expect to recoup the cost of insulation within three to four years on average. After that, the savings are pure profit.
Improved Home Value
Finally, it's worth noting that improving your attic's insulation can also increase your home's overall value. As more and more homeowners become concerned with energy efficiency, having a well-insulated home can be a major selling point. In fact, according to the National Association of Realtors, energy-efficient features like insulation can add as much as 5% to a home's value.
Contact us today if you're interested in upgrading your attic's insulation to save money on your energy bills and increase your home's overall energy efficiency, Building Envelope Experts can help. Our team of professionals has extensive experience in advising homeowners on the best approach to improving their home's building envelope, including insulation upgrades. Contact us today to learn more about how we can help you make your home more comfortable and energy-efficient while saving you money in the long run.
Sources:
U.S. Department of Energy. (n.d.). https://www.energy.gov/energysaver/weatherize/insulation
ENERGY STAR. (n.d.). https://www.energystar.gov/campaign/seal_insulate/why_seal_and_insulate
Gittleman, A. (2019, August 7). https://www.energycircle.com/blog/does-insulation-save-money/
National Association of Realtors. (2019, October 21). https://www.nar.realtor/research-and-statistics/research-reports/home-energy-efficiency-features-and-consumer-demand