The Top 5 Energy-Efficient Home Additions You Should Spend Your Tax Refund On

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By George DeMare, Vice President Business Development

In 2017, almost 80 percent of Americans received a tax refund averaging a whopping $2,782! That’s a lot of cash that could be used to pay down debt, put in the bank, or add some energy-efficient fixtures that could save you even more money in the long run.

Windows

Windows provide a home with warmth, light, and ventilation. New windows can reduce heating and cooling costs, provide more UV protection, and enhance curb appeal. Older windows are often made from outdated materials while cracks allow air to leak in and out – creating drafts that force a home’s heating and cooling system to work much harder.

Programmable Thermostat

The bulk of a home’s energy bill is due to heating and cooling costs. A learning thermostat can significantly reduce bills by regulating HVAC systems at specific, programmed times. These thermostats can save users up to $150 per year when they regulate home temperatures around your schedule.

 Tankless Water Heater

Save space and never run out of hot water with a tankless water heater. They can last 5 – 10 years longer than storage water heaters and can save users up to 20 percent off their water bill. Users also get a federal tax rebate after purchasing!

 Low Flow Fixtures

Save more on your energy and water bills by using low flow fixtures. These inexpensive and easy to install changes can reduce water consumption by as much as 50 percent and save consumers up to $145 per year.

 Seal and Insulation

No one likes gaps and cracks in places like attics or basements. A well-insulated home can reduce heating and cooling costs by as much as 20 percent. Weather stripping can also fix air leaks that account for 30 to 40 percent of heating and cooling loss.