If you’re looking at ways to save on home heating costs, adding insulation is a good option to do so. Although insulation is mostly unseen, it can make a difference in energy costs, home value, and general comfortability. Energy bills add up – and adding insulation can pay out dividends over the years. Learn more about how insulation works, the cost benefits of adding insulation to your home, and whether new insulation is right for you:
How Does Insulation Work?
Whether you have fiberglass, cellulose, or foam insulation, they all work the same. Insulation aims to reduce the transfer of heat in and out of your home. This occurs by trapping pockets of air to slow down heat movement in the seasonal months. Heat transfer is typically measured by its R-value; the higher the number, the better the insulation and subsequent heat transfer resistance. If you have limited or old insulation, your R-value is likely low.
How Much Can I Save?
Quality insulation can be expensive. As it can cost between $1,000 and $2,000, is it really worth it for the cost savings? We think so! The Environmental Protection Agency (EPA) estimates the average homeowner can save 15% or more on heating and cooling costs when adding insulation. This equates to ~$200 in savings per year for the average homeowner. In colder regions, like the Midwest, savings can increase up to 20%.
On top of this, well-insulated homes generally demand higher market value. There is at least a break-even return on your insulation investment, and you may be eligible for tax incentives to help pay for the insulation additions.
Do I Need New Insulation?
Not all homes need new insulation, but many can add insulation for increased cost savings on heating costs. 90% of homes are under-insulated, according to the North American Insulation Manufacturers Association (NAIMA). If you are looking to determine if you should add insulation to your home, it’s easy to consult with your local roofing & insulation company for a free estimate. It’s also a good idea to check for signs of poor insulation by asking these questions:
- Does the temperature differ from room to room or in certain areas of your home?
- Do you feel drafts in your home or near windows & vents?
- Have your energy bills increased steadily in seasonal months over the years?
- Do you see icicles hanging from the rooftop in the winter?
Is Upgrading My Insulation Worth It?
For most homeowners, adding insulation is worth the upfront costs because of all the downstream benefits. By upgrading your insulation, the improvement will pay dividends in reduced energy bills and improved home value. If you’re interested in these benefits, contact Herbert Roofing & Insulation and speak with one of our experts. We will take the time to evaluate your home and develop an insulation plan that will guarantee you savings and comfort.