Today’s construction methods concentrate on “green” building and renovating in order to construct properties more energy efficient The initial commitment that property owners need to make in energy efficient windows and appliances might seem excessive to some. The high initial expense of becoming energy efficient causes some to wonder whether going “eco-friendly” is worth the cost. As it is important to nearly all property owners that their financial investment is worth it in the long run, it seems that they have nothing to worry about.
Installing energy efficient windows in your house is one of the best ways to lower your monthly power consumption. These windows will make your home cooler in the summer and warmer in the winter while lowering your energy bill. In fact, while energy efficient windows are excellent in every climate, they are actually the most valuable in regions where the outdoor temperature changes drastically.
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One standard sized energy efficient window costs between $125 and $200. An typical property can have anywhere between 15 and 25 windows. Averaging of those figures: if you have 18 windows and they cost around $165 for each one, it will cost just under 3,000 dollars. The property owner could save anywhere between $125-$465 each year by adding energy efficient windows in their house. The broad variation is because of regional climate and utility rate differences. It will take about twelve years to get a return on your investment based on an average savings of $200 per year. Don’t forget, cash isn’t the only thing you are conserving; you are also reducing your environmental impact!
You will make your money back much quicker if you replace your old windows before the end of 2010. If you install these windows by the end of December 2010, you will be eligible for a tax credit from the US government. A 1500-dollar tax credit is available to homeowners who install energy efficient windows, but this offer expires as the year ends. Windows are not the only efficiency update that will earn individuals a tax credit; certain appliance insulation and other improvements will also get you money back on your investment. The government tax credit is meant to help property owners recover their investment in “green” products and home improvements far more quickly.
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