How Does Home Insulation Help You Save Money on Utility Bills?

home-insulation-save-money
October 18, 2021

Looking to lower electricity bills? See how home insulation can help.

With rising energy costs, now is the time to start thinking about how you can cut down on energy consumption. Air leakage from your doors, outlets, windows, and vents can account for up to 25% of your home expenses. To address this, home insulation is an excellent way to improve energy efficiency and save up to 50% on monthly energy expenses.

Homeowners may save an average of 15% on heating and cooling costs by installing insulation in attics, air sealing their houses, air sealing accessible basement rim joists, and insulating flooring over crawl spaces. There are several ways that home insulation can help save money on your utility bills.

What Can Insulation Do for Your Home?

It is important to know the facts about different types and alternatives when choosing insulation for your home. To achieve a 25% decrease in total air infiltration, air leaks throughout the home must be sealed. It would help to add insulation to the attic area, around doors and windows, and through the foundation.

Your attic will be a particularly important area to insulate in your home. Effective attic insulation can save you 10 to 50% on your heating cost. In addition, through attic insulation installation, you can reduce energy use by stabilizing indoor temperatures, which helps keep cooling costs low.

Is Home Insulation Enough?

The easiest method to tell if your insulation is up to par is to compare the R-value of your present insulation (its thickness and type) to the R-values recommended by the US Department of Energy for your area.

The R-value of an insulating material refers to its capacity to decrease heat flow. The higher the R-value, the more heat flow is reduced. If your home already has existing insulation, a qualified contractor can assess your existing R-values and determine whether a home improvement may be needed to improve upon this.

When building a new house, you can also add insulation. To do so, you will need to know where you need insulation and what R-values to use.

Types of Insulation Materials and How They Reduce Energy Costs

The US Department of Energy recommends that you reduce air leakage by air sealing the construction of your home from top to bottom with adequate insulation. Any type of insulation has the same goal of decreasing heat transmission into and out of your home. Your demands determine the best type of insulation for your home and needs:

  • Blanket insulation may use pre-cut panels known as batts or use continuous rolls and is the most popular type used in homes.
  • Spray foam insulation comes in handy because it provides a full air seal in all spaces that truly helps you save money on heating and cooling bills.
  • Loose fill insulation can fit into any area without causing any damage to the structure.
  • Reflective insulation is best for decreasing heat transfer downhill.
  • A radiant barrier is best used in hot, sunny regions because it keeps houses cooler.
  • Rigid foam insulates your home from the roof to the foundation, minimizing energy losses through the structure.

Insulation Costs

The cost of Home Insulation is determined by the kind of material used and the R-value, and it varies considerably. Prices for loose fill and spray foam insulation incorporate both labor and material expenses, so it is best to ask various companies for quotes.

Since 2004, the United States has seen residential energy costs climb roughly 40%. Trends indicate that energy expenses will continue to rise at a far quicker rate and demand an even bigger proportion of your bank account in the future. Thus, insulation will serve as an investment that ultimately allows you to save money in the long run.

Installing proper insulation in your home is a cost-effective way to protect yourself from these rising expenditures. Home Insulation and air sealing stop air leaks and allow you to manage the rising energy bills that come with them.

Save Big on Your Energy Bills with Professional Home Insulation from Joe Blows Insulation

You can make your house more comfortable and simpler to heat and cool while saving money through home insulation. Joe Blows Insulation is your trusted contractor for insulation removal and replacement, attic insulation installation, or air sealing services. Call us today at 727-656-9785 for a free consultation!