Energy Audit – Existing Homes
Why Get An Energy Audit
Why get an energy audit is a common response, which many homeowners have when asked the question. However, if you’re serious about saving on your high energy costs, then here are a few answers to why get an energy audit:
1. Manage Your Energy Consumption
Average 30% Savings
Redfox Home Services will provide a detailed assessment of your home and supply you with recommendations to maximize your energy efficiency. To help you implement your proposed energy saving strategy, RHS can also provide you with certified contractors to help you get the job done. These independent contractors are practiced in energy management solutions. Trust the team, and put an end to your energy loss today.
2. Mitigate Your Energy Loss
Older Homes Save More
Due to the natural settling of the ground, exposure to the elements, deterioration of building materials, and the development of modern energy efficient materials, older homes are less energy efficient than newer homes – so owners of older homes can benefit even more from a home energy audit.
If your home is more than 25 years old, you will save an average of 35% on your energy bills. And if your home is more than 50 years old, that percentage goes up to 38 % (according to Osprey Media). Even if your home is just over 10 years old, there is a good chance that it’s losing energy.
16% Return on Investment
You may be thinking that saving money on your energy bill is a good idea, but what about the cost of the upgrades needed to improve your home’s energy efficiency? After taking into account the cost of upgrades, the average return on investment is 16 percent. That’s a better return than bonds, money market accounts and even the stock market can offer. And with those investments you have to pay tax on your earnings, while the money you save on your energy bill is yours to keep.
Federal Tax Rebates – and a Rebate from Redfox Home Services!
Many energy efficient home upgrades are eligible for tax rebates from the federal government. Check the 2009 Tax Benefits article for more details. You will also receive up to a $300 rebate from Home Energy Team if you use a contractor listed on this website.
Increase the Comfort of Your Home
Beyond the financial savings, other reasons to get a home energy audit include increasing the comfort in your home. Imagine your home without the draftiness or the cold basement. Imagine the upstairs being as cool as the main floor in summer. Increasing your energy efficiency and improving ventilation will give you greater enjoyment from your home.
Increase Your Home’s Value
Finally, making your home more energy efficient will increase your home’s value. According to a study published in Appraisal Journal, the market value of a home increases $20 for every $1 decrease in annual energy costs. So whether you are planning to stay in your home for years to come, or thinking about re-locating, a home energy audit is the first step to maximizing the value of your largest investment.
4. Social Responsibility
The Environmentally Responsible Choice
According the non-profit environmental advocacy group, Environmental Defense Fund (EDF), 21 percent of the green house gas emissions in the United States are due to residential energy use – even more than cars. By making your home more energy efficient, you are doing your part to reduce the greenhouse emissions which threaten us all.