How much does insulation cost? | The Renewable Energy Hub
 

Insulation Cost and Savings

What is the cost of insulation?

The exact savings offered by insulation are dependent on a large range of factors, including:

  • cost and quality of installation
  • cost and quality of materials
  • current level of insulation
  • your home’s general energy efficiency
  • how much you currently pay for energy

There are many cost benefits to having insulation installed in your property. The level of financial benefit that comes from insulation can vary depending on a number of factors. Some of the associated factors include the age of your property, what type of walls you have and the type of property you own. Having insulation installed could cut your energy bills by around $300 per year.

Attic insulation for an average home costs around $400 for installation and could pay for itself in two years with the savings that you make depending where in the US you live.  The recommended level of attic insulation is 270mm which is a lot, so you should first check whether you have any insulation currently installed in your attic.

If you do have insulation in your attic but it is not up to the recommended 270mm, you could make further savings by topping up the thickness of the insulation for a very small cost. If your attic is being used as a living space, then you may be able to have your roof insulated instead.

Insulation Additional Costs

If you choose to insulate the floor of your attic (instead of its ceiling), the temperature in the attic will decrease dramatically. A consequence of this is that water tanks and pipes which are placed in the attic will be susceptible to freezing. It will therefore be necessary to insulate these, which will add to the total installation cost.

If your home is affected by damp and you wish to install insulation, it is necessary to eradicate the damp before starting work. This may involve a substantial extra cost if you need to hire a contractor to do this.

Financial Incentives for Insulation

You can greatly reduce the cost of installing wall cavity insulation or lagging your attic by taking advantage of state incentives. These are usually offered by power corporations who take an interest in reducing your fuel bills. These take the form of low cost loans, grants for low income families and tax rebates for particular types of insulation.

You installer should know what incentives are available for insulation and you can find someone in your zip code by searching our database

 

Insulation Additional Costs

If you choose to insulate the floor of your loft (instead of its ceiling), the temperature in the loft will decrease dramatically. A consequence of this is that water tanks and pipes which are placed in the loft will be susceptible to freezing. It will therefore be necessary to insulate these, which will add to the total installation cost.

If your home is affected by damp and you wish to install insulation, it is necessary to eradicate the damp before starting work. This may involve a substantial extra cost if you need to hire a contractor to do this.

 

Scottish Universal Home Insulation Scheme

If you live in Scotland, you may be eligible for the Universal Home Insulation Scheme (UHIS). The UHIS, which is delivered by local authorities, offers free loft and cavity wall insulations.

To find out more about the Universal Home Insulation Scheme, contact your local authority. A list of Scottish local authorities offering the UHIS is available here: http://www.scotland.gov.uk/Topics/Built-Environment/Housing/warmhomes/uhis/areas

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