Ask Away...: Leaking Energy Means Leaking Money

Wednesday, June 28, 2017

Leaking Energy Means Leaking Money

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Trying to save money on our energy bills is a battle we all have. Life is expensive enough without having to leak even more money because we’re leaking unnecessary energy. But the big problem with knowing how to solve this issue is where do you start and how do you know what the actual benefits are?


Well, to help you solve this problem, we have come up with a few ways that can help you understand exactly what you are getting back from those sometimes big outlays, all of which will help you save money more efficiently. Enjoy.


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Seal Leaks
One of the easiest and most effective ways to save yourself over ten percent on your heating bill is to seal up all those cracks and gaps you are forever ignoring. For less than $50 bucks, you can pick up all the materials you need for weatherstripping and caulking and by the end of the year you could have saved up to $190. Sure, it has a payback time of a year, but after that, it will keep on giving.


Heating System
There are hundreds of little things that can start going wrong with heating systems over the years, from flickering pilot lights to loose fan belts, all of which can heap the cash onto your heating bill, as Home Comfort Owner Ken Starr will tell you. That is why it is so important to schedule a maintenance check in the autumn because a tune-up once a year can reduce your bills by up to 10-12%. That’s a significant amount. In fact, you’ll be paid back in one winter.


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Attic Needs
Attics are horrendous when it comes to leaking warmth. The reason being hot air rises and attics have gaps. So, all that money and effort you spend on trying to keep your home warm is almost pointless. That’s why it is recommended that you go and splash a few hundred dollars on some insulation to your attic, and your basement while you’re at it. Voila, within three to four years your investment will have paid itself off and you’ll get to enjoy utility bills that are 30% cheaper than normal.


Cheap Showers
We all love showering. It is part of most morning rituals and that thing people can’t operate without, alongside coffee. However, heating water accounts for about 12% of our utility bills, even more, if you’re water heater is old. To counter this, it is worth screwing on your future-thinking head by investing in an energy-efficient water heater. Yes, it will set you back around $700, but this will be paid off in a couple of years and every shower thereafter will cost your 20% less (which means you can enjoy showering for 20% longer).


Sell Up
Your other option, albeit on the more drastic end of the scale, is to sell your house to the right people and move into a new home that has been certified by Energy Star. New homes under this bell curve use over 30% less energy than older homes, which is because they have improved materials, better insulation, higher-performance windows and have to meet much stricter building standards. In terms of payback time, though, well, you’ll be reaping the rewards of lower costs from the moment you collect the keys.

















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