By Sun Kim
Posting in Design
An infographic from One Block Off the Grid charts the time spent and money saved after making energy improvements to your home.
How long will it take to come out even after buying and installing energy upgrades like solar panels or radiant floors? Which improvements are worth the money and your time? An infographic from One Block Off the Grid (OBOG) illustrates the cost of outfitting your home.
For each energy upgrade the chart outlines the initial cost, time for payback, annual savings, and savings over 20 years. The simplest do it yourself improvements, like installing programmable thermostats and high efficiency shower heads, pay for themselves in less than a year while installing solar and geothermal systems take up to ten years to break even but offer the highest return over the long term.
The infographic charts not just complex strategies but also basic steps such as sealing duct leaks (paid back in one and a half years with an initial outlay of $450 and annual savings of $300) and installing insulation (paid back in two and a half years with an initial cost of $750 and annual savings of $300).
The age of flipping houses and trading up by buying new seems to be over, at least in the US. Retrofitting and adding energy saving measures to existing houses are smart and viable financial moves. Depending on the particular upgrade and the time you live in your home, energy improvements for your home can bring a return on investment greater than the average rate of a CD.
Oct 25, 2011
[url=http://brightchoicelighting.com/]LED Lighting Company[/url] Making these design and construction upgrades can make your home an energy-saving paradise. The sooner you start making these changes, the sooner you will start saving.
This picture estimates the 20-year savings of "Solar for Electricity" at $60,000, which works out to $250 a month for twenty years. Their one-year savings is listed at $100 a month. The average home in Austin, Texas, where we have lots of sunshine, uses about 1,000 Kwh of electriciy a month, at a cost to the consumer of ~$95 a month. You're not going to save $250 a month on electricity.You might save $25-$30 a month. The payback on a $13,000 cost is closer to 35-40 years.