Owning or renting is more about just paying a mortgage or rent. Running and maintaining a home comes with their own costs, and if you don’t stay on top of the charges, they can add up quickly. With these easy-to-implement home upgrades that will decrease your utility bill, you’ll be able to save more of your hard-earned money every month.
Switching to a Tankless Water Heater
Traditional water heaters waste massive amounts of energy, keeping water heated even when you’re not using it. So even if you’re only using a small amount of hot water a day, you could be paying for much more as the tank keeps running all day. A tankless water heater will still provide hot water, but without the consistent energy waste. Switch to a tankless water heater to positively affect your water, power, and gas bills.
Upgrading Your HVAC
An HVAC system has a typical life span of 15 to 25 years. After this time, repairs to your HVAC can become so frequent that getting a new HVAC will be more financially beneficial. Also, modern HVACs have greatly improved inefficiency. Getting your home to the desired temperature would be easier, and it wouldn’t burn through your electricity bill like you’re used to. If you’re unsure if your HVAC needs replacing, consult a local HVAC repair company.
Installing New Faucets and Showerheads
Water pressure isn’t why they’ve upgraded in showerheads through the past twenty years—the main focus of innovations has been an increase in inefficiency. Showers made before 1990 have an output of three or four gallons of water per minute, but since 1992, there has been a federal mandate of a maximum output of two and a half gallons per minute. Now, you can even find showerheads that only release a gallon of water per minute. Therefore, upgrading your shower heads will lower your monthly water use.
Installing New Windows
Heating or cooling your home costs a lot of energy, and your windows shouldn’t be working against you. Older windows weren’t made with the same insulation as modern windows. New windows can save you money by sealing off cracks and not allowing outside temperatures to affect the HVAC. Today’s windows even have coatings on them to reflect the heat of the sun during the day.
Now that you know these home upgrades that will decrease your utility bill, you’ll hopefully be saving money in no time.
