As a homeowner, it’s important to keep an energy efficient home to save money on monthly utilities and decrease your impact on the environment on a day-to-day basis. October 2nd was Energy Efficiency Day, making October a perfect time to think about making some key upgrades that will improve the efficiency of your home, saving your wallet and lowering your environmental impact. If you’re looking to sell your house and increase the pool of potential buyers in your market, the upgrades listed below are an absolute must.
According to Wallet Hub, “In the U.S., energy costs eat between 5 and 22 percent of families’ total after-tax income.”
So, what should you be spending on utilities?
Money Management says, “If you’re working with a budget, and trust me, you should be, your utility costs should be no more than 8-10 percent of your monthly income.”
If your utility costs are eating up more than 8 or 10 percent of your budget, how can you make your home more efficient and lower those utility costs?
EnergyEfficiencyDay.Org provides some handy tips that can help you improve the energy efficiency of your home. Here are a few simple ones to consider that are easy enough you can actually make them happen!
Make the Switch to LED
LEDs are a great example of how innovation and technology can make your life easier and potentially less expensive. They last at least 25 times longer and consume up to 90 percent less electricity than incandescent bulbs.
Bonus Tip: By switching five of your home’s most frequently used bulbs with ENERGY STAR® certified LEDs, it’s possible to save $75 on energy costs annually. Where do you most often use lights in your home? Start there!
Seal Those Leaks
On average, heating and cooling account for almost half of a home’s energy consumption! In fact, all the little leaks can be equivalent to leaving open a 3-foot-by-3-foot window. Yikes.
Bonus Tip: Take simple steps like caulking windows, sealing leaks around chimneys and recessed lighting, and sliding draft guards under your doors to save up to 20% on heating costs. Nice.
Heat and Cool Efficiently
Don’t waste money heating or cooling an empty home! Install a programmable thermostat and in colder weather schedule your home’s heat to lower when you are away or asleep and increase when you are returning home or waking-up. No sense in heating or cooling an empty home, right? In warm weather, schedule the thermostat to raise the temperature when you are away or asleep, and lower it at other times.
Bonus Tip: Follow the U.S. Department of Energy recommended temperatures and be energy-efficient all year.
Maintain Your HVAC System
Make sure to clean or change your furnace filters regularly. A dirty furnace filter will slow down air flow, making the system work harder to keep you warm (or cool) and costing you more money.
Bonus Tip: Consider getting a winter tune-up! Just as a tune-up for your car can improve your gas mileage, a semi-annual or yearly tune-up of your heating and cooling system can be vital to improve efficiency, saving you money and making your home more comfortable. Win-win!
The bottom line is, by making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers. Let’s get together to discuss what buyers are looking for when it comes to energy efficiency options in the Austin area!
Thank you for reading our real estate and homeowner’s blog. We are Weichert Realtors – Barton Harris & Co. and we’re happy to have helped you learn more about keeping an energy efficient home.