| NEW ENGLAND ENERGY AUDIT INVEST IN YOUR HOME & SAVE MONEY |
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Over the past few years many Americans spent money on their homes - foolishly.
They put money into new kitchens, spas, media rooms and so on. Most people did it
believing inflated those prices were becoming. Now all that money spent on those
home improvements will not be realized, at least not anytime too soon.
The smart homeowner invests in their home, making improvements that will save
them money now and in the future. You are investing and getting a return in the
savings that will be realized.
One homeowner we visited 4 years ago was using 1100 gallons of oil to heat an old
farmhouse, with excessive air leakage, missing insulation and inadequate insulation
where some existed. We detailed what repairs were necessary and prioritized them
as to savings and paybacks. These were very diligent homeowners and they
performed every recommendation over a period of four years. Last year they used
273 gallons of oil and about 1/2 cord of wood. Now this is an extreme case and a lot
of work was performed but the savings are enormous. They saved 827 gallons of
oil. With oil at $2.25/gallon the initial 1100 gallons would cost $2478.00 annually.
By making the improvements they saved 824 gallons or $1,854.00 annually. Even
with the 1/2 cord of wood for the new wood stove they would spend only $764.25,
$614.25 for oil and $150.00 for wood. That results in annual savings for heating
their home of $1,713.76. Over 10 years that saves approximately $17,137.50. We
asked them how much they spent and they figure it was somewhere around $4,000,
doing about three quarters of the work themselves. Over 10 years they will have
netted $13,137.50 on a $4,000.00 investment. Not only did they save but they
commented on how much more comfortable their home is now. These homeowners
where on a budget plan with the oil company and in the first year alone they had a
credit balance based on what their oil vendor had anticipated their usage would be,
based on prior years consumption. This is one reason you will never hear your oil
vendor recommend a Home Energy Audit.
So, yes now is not the time to upgrade those bathrooms and kitchens and adding
bonus rooms, but it is also foolish not to make those energy upgrades and start
saving now. Energy upgrades are more likely to increase your resale value of your
home as more homeowners pay close attention to the energy costs of a home that
are disclosed prior to the sale. The time may be coming when the government will
require homeowners to have a Home Energy Audit performed prior to a sale. Some
states already require this. This is part of the "Cap and Trade" bill.
If you lease out a property in the state of Maine you are required to disclose the
energy costs of your rental unit to a prospective tenant. They also require you to
disclose the amount of insulation, etc. See "Maine Landlord" for more information on
this.
They put money into new kitchens, spas, media rooms and so on. Most people did it
believing inflated those prices were becoming. Now all that money spent on those
home improvements will not be realized, at least not anytime too soon.
The smart homeowner invests in their home, making improvements that will save
them money now and in the future. You are investing and getting a return in the
savings that will be realized.
One homeowner we visited 4 years ago was using 1100 gallons of oil to heat an old
farmhouse, with excessive air leakage, missing insulation and inadequate insulation
where some existed. We detailed what repairs were necessary and prioritized them
as to savings and paybacks. These were very diligent homeowners and they
performed every recommendation over a period of four years. Last year they used
273 gallons of oil and about 1/2 cord of wood. Now this is an extreme case and a lot
of work was performed but the savings are enormous. They saved 827 gallons of
oil. With oil at $2.25/gallon the initial 1100 gallons would cost $2478.00 annually.
By making the improvements they saved 824 gallons or $1,854.00 annually. Even
with the 1/2 cord of wood for the new wood stove they would spend only $764.25,
$614.25 for oil and $150.00 for wood. That results in annual savings for heating
their home of $1,713.76. Over 10 years that saves approximately $17,137.50. We
asked them how much they spent and they figure it was somewhere around $4,000,
doing about three quarters of the work themselves. Over 10 years they will have
netted $13,137.50 on a $4,000.00 investment. Not only did they save but they
commented on how much more comfortable their home is now. These homeowners
where on a budget plan with the oil company and in the first year alone they had a
credit balance based on what their oil vendor had anticipated their usage would be,
based on prior years consumption. This is one reason you will never hear your oil
vendor recommend a Home Energy Audit.
So, yes now is not the time to upgrade those bathrooms and kitchens and adding
bonus rooms, but it is also foolish not to make those energy upgrades and start
saving now. Energy upgrades are more likely to increase your resale value of your
home as more homeowners pay close attention to the energy costs of a home that
are disclosed prior to the sale. The time may be coming when the government will
require homeowners to have a Home Energy Audit performed prior to a sale. Some
states already require this. This is part of the "Cap and Trade" bill.
If you lease out a property in the state of Maine you are required to disclose the
energy costs of your rental unit to a prospective tenant. They also require you to
disclose the amount of insulation, etc. See "Maine Landlord" for more information on
this.
| EMAIL: SAVE@NEWENGLANDENERGYAUDIT.COM OR CALL 866-603-3637 |