Splurging to save money? Yes, it can happen! Here are three ways you can do it in your home:
- Upgrade to smart home window treatments. Though an initial investment, installing automatic blinds or shades is a great way to keep heating and cooling bills low. They work with the environment, keeping rooms cool by blocking out the sun (and lowering your need for air conditioning), or heating rooms through the power of the sun (and keeping your heat bill lower). Plus, motorized shades or blinds tend to last longer because they’re not being pulled, pushed or tugged. Bonus! Check out com for some options – they can range from $200 to $400 for full systems.
- Go tankless! On April 16th, new energy-efficiency standards go into effect for residential water heaters. Now, more space will be required for installation, which can mean added costs if adjustments need to be made. Explore gas or electric tankless water heaters to see if they’re right for you. They are higher priced to install (range from $250 to $1,000), but they’ll fit in smaller spaces, and they use less energy than traditional water heaters, keeping operating costs low. Try your local Home Depot to learn more about the best options for you.
- Schedule a home energy audit. Though a home energy audit is an added expense, it can save you money all year round! For about $300 to $500, an auditor can tell you where your home is losing energy – and how it can be remedied, from your windows to insulation types and beyond.
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