You don’t have decades to wait before those new solar panels finally pay for themselves. What sense does that make?
Plus, because energy savings are so popular on the web, all kinds of misinformation spreads. So you could easily spend thousands on improving your home’s efficiency – and not see a cent in savings.
With retrofitting, make sure you actually have a problem that needs to be addressed in the first place. Your windows may already be energy-efficient, and you might not need to upgrade them. Your savings may actually be negligible.
Check out the best retrofits to save energy and money when it counts – now:
It’s common for insulation to pay for itself within 3-5 years. Product manufacturers will be the least reliable sources of information on payback periods. Instead, talk to an energy auditor or state energy agency rep.
- Replace Old Appliances
Especially your water heater. That one gobbles up the most energy out of all your appliances. Do the same with your washer, drier, and refrigerator.
- Replace Your Heat Pump
You can get up to 10% savings on your electric bill right off the bat.
- Options for Less than $50
- Use power strips for all major appliances for certain, and possibly for everything you plug in.
- A water heater blanket goes a long way in helping you save.
- Wrap foam around pipes in your home.
- Get a programmable thermostat if you don’t already have one.
- Use a clothesline instead of your drier.
Remember, Energy Companies, and the Federal Government, Make Rebates and Credits Available
You’ll have to check with your energy company, but many offer rebates for certain energy efficiency upgrades. This seems surprising at first because, after all, energy companies make more money when you use more energy.
But, in deregulated states, it’s politically hard to raise rates. In Texas, there’s extensive competition, so rate raises will lose companies customers. And, demand is increasing in the US. Plus, power companies don’t have the money they need to upgrade the grid.
So since they can’t increase the power supply or raise rates, they have to do the only other option: help you reduce your use. That way, they can use the existing power grid to supply what people currently need.
The federal government truly wants you to be green, and they also want to remove our dependence on fossil fuels to provide our energy. So these credits and rebates should be around for a long time.
Those are quick ways to save some serious energy, and money, right now.