Is Insulation worth it?
Is Insulation Worth It?
Energy bills are something we all have to contend with in the US and one of the ways you can help reduce the cost is by having your house adequately insulated. The short answer is that getting proper insulation is worth it – the cost of installation is low compared to the amount you will save in the long term. Most people would agree that insulation is not only good for their health, it’s also good for their pocket too.
- Insulation is generally low maintenance and lasts a life time.
- You lose 35% of heat through your walls if you don’t have adequate insulation.
- You can lose almost the same amount through the roof of your house if you don’t have attic insulation.
- And you lose a significant amount through the floor if you don’t have proper insulation there either.
- There is plenty of financial assistance if you are on a low income and want to have your home insulated with state incentives for improving the energy efficiency of your home.
The cost of insulation for an attic is fairly low compared to other energy saving measures. For a normal size attic it will cost around $400 to cover the whole area with the regulation 270mm thick insulation. This could lead to a saving of around over $200 a year on your heating bills. The great thing is that it lasts a long time and continues to keep your house warm once you have paid off the initial investment.
If you only do one thing, then attic insulation should be the first job on your list.
Floor insulation for an average sized house will cost in the region of $600 (cheaper if you install yourself) and will save around $100 a year, paying back in a couple of years. Floor insulation is often the one part of the house that people forget but it can make a big difference to your comfort, especially in an older house.
There are different kinds of wall insulation but they all offer significant savings. Cavity wall insulation will cost you between $500 and $1,700 depending on the size of your home and the type of product you choose. This could save you $200 a year. It is the cheap, long term option for many households and can make a big difference to the amount of energy you use.
Solid wall insulation, both internal and external, is more costly but can bring greater savings on your bills. An internal solid wall insulation will cost in the region of $6,000 and so the return on investment can take longer though savings are almost double that of cavity wall insulation.
Better Lagging, Better Health
There is enough evidence to show that people who live in draughty and cold buildings are prone to more health problems than those that live in a more comfortable environment. Having a warm, secure place to lay your head can make you sleep better and feel better. If you are on a low income and don’t have insulation, then turning down the heating might not be an option. The good news is that there is plenty of financial help on hand for those who are struggling to pay the bills in the form of grants and state tax credits and rebates.
There is Finance for Insulating your Home
All states in the US are committed to making homes and business more energy efficient and that includes offering incentives, loans and grants to help insulate and heat properties. Energy companies are also on board and if you are from a low income family you may well be able to get your insulation done for free.
Find out more about finance options.
Insulation for Commercial Premises
Businesses now have an obligation to reduce their carbon footprint and find eco-friendlier ways to work. For any company, having the right insulation installed can help to reduce those troublesome fuel costs, money that can be better spent elsewhere. According to recent research, for an uninsulated office building, 60% of heat waste is lost through the building fabric:
- 22% is lost through an inadequately insulated attic.
- 9% is lost through the walls.
- 26% is lost through old or unsuitable windows.
- 8% is lost through the floor.
- And 35% is lost through a poor or ageing air filtration and ventilation system.
From a purely business point of view, the long term benefits of having a properly insulated office far outweigh living in a poorly heated and unsustainable environment. It also makes your office staff more productive if they have a comfortable place to work in.