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6 Green Home Upgrades That Can Save You Money

| 4/29/2019 10:43:00 AM

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Modern living has a significant impact on the environment, so it’s important to look for opportunities to decrease energy consumption by making your home “green.” Whether you’re going for a complete remodel or simply doing a few upgrades, going green can help your home consume fewer resources and improve its efficiency.

Going green used to mean high upfront costs, and the promise of reduced energy and water bills often wasn’t enough for homeowners to take the plunge. Today, thanks to improved technology, tax incentives, and utility rebates, going green doesn’t need to break the bank. We’ll look at some of the best ways to get great deals on your renovations and upgrades, so you can help save the planet while you’re saving money.

Get a Free Home Energy Audit

A home energy audit shows you what upgrades will have the most impact. A professional will evaluate your entire home to determine how much energy it uses, where it’s losing energy, and where to prioritize the fixes that will make it more efficient. These audits can cost upwards of $250, but many utility companies offer them for free, so check with your local energy company.

Insulate and Get a Tax Rebate

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Your energy audit might reveal that you need more (or better) insulation. According to the Department of Energy (DOE), of the $2,000 the average American household spends annually on energy, $200 to $400 goes to waste through drafts, air leaks, and poor insulation. New windows and doors will save you the most energy (according to the DOE, storm windows alone reduce energy loss through windows by up to 50%), but they are a pricey fix. If that’s not in the budget, consider adding regular insulation in the attic—it doesn’t cost a fortune and qualifies for a 10% federal tax credit.

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