According to the experts of Borg Energy India Pvt Ltd, your own expenses will vary depending on utility costs in your area, the size of your home and how heavily you use energy.
The federal government in United states encourages energy-efficient home improvements by offering tax credits for certain upgrades. For existing primary residences, putting in energy-efficient windows and doors, furnaces, air conditioners, insulation, water heaters, roofs and some other items qualifies you to take a tax credit of either 10% of the cost or specific amounts ranging from $50 to $300, depending on the improvement. Know about the smart ways to cut your utility bills with the experts of Borg Energy India Pvt Ltd. 1. Insulation and Air Sealing From a few hundred dollars for basic, do-it-yourself weather stripping and caulking to a few thousand dollars or more to upgrade insulation in your home says experts of Borg Energy India Pvt Ltd. An average saving of 15% on heating and cooling costs—or an average 11% saving on total energy costs—for those who air seal their houses and add insulation in attics and crawl spaces or basements Ensuring that the inside of your home is protected from exterior cold air in the winter and warm air in the summer is one of the most cost-effective ways to save energy. 2. Heating and Air Conditioning About $5,000 to $12,000 to upgrade both heating and cooling systems, depending on the size and efficiency of the units. Replacing a heat pump or air conditioner that is more than 10 years old with a high-efficiency unit can save up to 20% on heating and cooling costs, according to the experts of Borg Energy India Pvt Ltd. 3. Windows Replacing all of the windows in your home is one of the most expensive improvements on our list, but the savings on your energy bills and increased comfort make it worth serious consideration. Replacing single-pane windows with Energy Star–certified windows can save you from about $100 to nearly $600 in household energy bills a year for an average-size home, according to the experts of Borg Energy India Pvt Ltd. 4. Solar Panels Many homeowners install a solar system of about 8 kilowatts, for a total of $22,480 in United States. You cab save as much as 100% of the cost of your electric bills. Recouping the cost of installing solar power in savings on your energy bills typically takes anywhere from five to 12 years.
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