fbpx

Energy Savings

Blond woman sitting in an arm chair by big open windows in a white room holding a mug up to her face.

Heating Up Your Home: Lower Your Winter Power Bill

Heating Up Your Home: Lower Your Winter Power Bill 5760 3840 Your Loan Officer for Life

Key Takeaways

  • Seal Drafts and Save Up on Energy Costs: Simple fixes like weather stripping, caulking, and door sweeps can prevent heat loss and make your home more energy-efficient, saving money while keeping you warm.
  • Upgrade to Smart Thermostats for Effortless Savings: A programmable or smart thermostat can lower your heating costs by up to 10% annually by optimizing your home’s heating schedule based on your habits.
  • Routine Heating System Maintenance Pays Off: Regular maintenance, like changing filters and scheduling tune-ups, can improve your heating system’s efficiency, ensuring comfort and avoiding costly repairs.

As we turn up the heat to keep our homes warm and cozy, be prepared for higher energy bills this winter compared to last year. The Energy Administration’s most recent report showed that residential monthly energy bills were 2% higher in 2023 than the previous year…and last winter was milder than expected in our area. To help you prepare for the cold season, I wanted to share some ways to lower your winter power bill without sacrificing comfort!

1. Seal the Leaks: Stop Drafts in Their Tracks

When it comes to heat loss in your home, small drafts can lead to big problems. Tiny gaps around windows, doors, and other openings allow cold air in and warm air out, making your heating system work harder (and costing you more). The key to cutting your winter energy bill is stopping those leaks before they drain your budget.

  • Weatherstripping: Installing or replacing old weatherstripping anywhere drafts come through is one of the easiest ways to seal gaps around doors and windows. It’s inexpensive, easy to install, and can make a noticeable difference in how warm your home feels.
  • Caulking: For cracks and small gaps around window frames, door frames, or other areas where air could escape, a tube of caulk is your best friend. Not only does it stop drafts, but it also improves the overall insulation of your home.

Bonus tip: don’t forget to check areas around electrical outlets and light fixtures on exterior walls. These are often overlooked but can let in quite a bit of cold air.

  • Door Sweeps: Gaps at the bottom of exterior doors are notorious for letting cold air sneak in. Installing a door sweep at the bottom can make a big difference in keeping that cold air out. It’s even more important in older homes, where settling may have created gaps between the door and the floor.

Sealing drafts can reduce your energy usage by up to 30%! It’s a quick and affordable fix that pays off immediately, both in comfort and cost savings.

Start thermostat installed on a beige wall

 

2. Smart Thermostats: The Future of Savings

One of the smartest moves you can make to lower your winter power bill is upgrading to a programmable or smart thermostat. These devices give you complete control over your home’s heating schedule, allowing you to use energy more efficiently. Easily schedule your home to lower the heat during times where everyone is away from home, and schedule the heat to drop around bedtime.

Pro Tip: Studies show that cooler temperatures improve sleep quality and suggest that 60-67 degrees is the ideal range to maximize your sleep.

  • Programmable Thermostats: A programmable thermostat allows you to set a heating schedule. For example, you can lower the temperature when you’re asleep or away at work and have it automatically warm up just before you get home. This way, you’re not wasting energy heating an empty house.
  • Smart Thermostats: If you want to take things a step further, a smart thermostat, like Nest or Ecobee, learns your habits and adjusts the temperature based on your routine. Even better, you can control your home’s temperature remotely from your smartphone, so if you forget to adjust the heat before leaving the house, no problem! You can make changes with the touch of a button.

According to the Department of Energy, using a programmable or smart thermostat can save you up to 10% a year on heating and cooling costs. Plus, the convenience is hard to beat. Once you get one set up, you can pretty much “set it and forget it,” knowing it’s helping you save every day.

3. Regular Heating System Maintenance

Your heating system works hard all winter long, so keeping it in top shape is essential for both comfort and savings. A well-maintained heating system will run more efficiently, use less energy, and last longer — which means fewer repair bills down the road and less chance that your system will kick the bucket in the middle of a cold snap.

  • Change Your Air Filters: It’s easy to forget, but changing your heating system’s air filter regularly is one of the simplest and most effective ways to keep your system running efficiently. A clogged filter makes it harder for your system to push warm air through your home, which means it has to work harder (and use more energy). Most experts recommend changing the filter every one to three months, depending on your system and how often you use it.
  • Schedule a Professional Tune-Up: Just like your car, your heating system needs a little TLC to keep running smoothly. Having a professional come in once a year for a tune-up can help catch any small issues before they become big, expensive problems. A technician will clean the system, check for leaks, and ensure everything is working as it should.
  • Bleed Your Radiators: If your home uses radiators, don’t forget to bleed them! Air bubbles can get trapped inside, reducing their efficiency. Bleeding your radiators releases that air, allowing them to heat your home more effectively.

Routine maintenance can improve your system’s efficiency by up to 15%, which translates into lower energy bills and fewer headaches when winter weather hits.

4. Layer Up and Lower the Thermostat

Here’s a simple but effective way to save money on heating: dress warmly and turn down the thermostat a couple of degrees. Even lowering your home’s temperature by just one or two degrees can result in noticeable savings on your power bill.

  • Lower the Temperature: According to the U.S. Department of Energy, you can save about 1% on your heating bill for each degree you lower the thermostat. The recommended setting is 68°F while you’re at home and awake, and even lower when you’re asleep or away from home.
  • Build a Fire: For homes lucky enough to have a gas or wood-burning fireplace, building a fire in the evening can heat your home pretty efficiently and will put out residual heat even after it burns out for the night.

Early fall is a good time to go ahead and get your chimney inspected ahead of the cold weather before chimney cleaning services book out their schedules. They’ll make sure there isn’t creosote buildup or cracks that could start a fire inside your chimney.

  • Use Space Heaters: If you spend most of your time in one room, consider using a space heater to warm just that space instead of heating the entire house. Space heaters are great for small areas like home offices or bedrooms, allowing you to keep the thermostat lower without sacrificing warmth.

By layering up and keeping the thermostat lower, you’ll still feel cozy while shaving dollars off your heating bill.

5. Insulation: The Key to Lasting Comfort

Proper insulation is critical for keeping your home warm in winter and cool in summer. If your home isn’t well-insulated, you’re losing heat, which means your heating system has to work harder and your bills are higher. Taking the time to insulate your home properly can make a huge difference in both comfort and savings.

  • Attic Insulation: Heat rises, so if your attic isn’t well-insulated, you’re losing a lot of warmth through the roof. Insulating your attic can prevent up to 25% of your home’s heat loss. Even if you already have insulation, it might be worth checking to see if it’s up to current standards.
  • Wall and Floor Insulation: While your walls and floors might not seem like major sources of heat loss, older homes especially can benefit from added insulation in these areas. If certain rooms in your home feel colder than others, it could be due to insufficient insulation.
  • Insulate Hot Water Pipes: Wrapping your hot water pipes in insulation helps prevent heat loss and reduces the energy your water heater needs to use. This can help cut costs, especially if you live in an area where the temperature drops significantly during the winter.

Proper insulation can cut heating and cooling costs by up to 20%, making it a worthwhile investment that pays off every year.

Woman carving pumpkins on a round wooden table in a room filled with windows and natural light

 

6. Maximize Natural Heat From the Sun

The sun is a free source of heat, so why not take advantage of it? During the day, open your curtains and let sunlight naturally heat your home. It’s a simple, no-cost way to make your space warmer.

  • Open Curtains During the Day: South-facing windows get the most sunlight during the day, so make sure to keep your curtains or blinds open to let that heat in. This can help raise the temperature in your home by a few degrees without using any extra energy.
  • Close Curtains at Night: Once the sun goes down, close your curtains to keep the warmth inside. For even better results, consider investing in thermal curtains, which are specifically designed to trap heat and block drafts.

Using sunlight to your advantage during the day can help reduce your heating costs and keep your home feeling cozy.

Wrapping Up

Whether you’re new to homeownership or just looking to make smarter choices in your home, these energy-saving tips will help you stay warm, cut costs, and feel more in control of your budget. From simple fixes like sealing drafts and using sunlight to larger projects like upgrading insulation or windows, there are plenty of ways to make your home more energy-efficient without sacrificing comfort.

August Market Insights: The Big Change Coming to Real Estate for Home Sellers
Read more...
Smart Ways to Save Money on a Tight Budget
Read more...

Essential Spring Home Maintenance Tips: Refresh and Revitalize Your Home

Essential Spring Home Maintenance Tips: Refresh and Revitalize Your Home 1920 1280 Your Loan Officer for Life

Key Takeaways

  • Preventative Maintenance Saves Money: Tackling essential spring maintenance tasks like inspecting your roof, cleaning gutters, and checking your air conditioning system can prevent minor issues from becoming costly repairs, ensuring your home remains in top condition while saving you money in the long run.
  • Enhance Home Comfort and Efficiency: Spring is the perfect time to improve your home’s comfort and energy efficiency. From sealing windows and doors to refreshing your deck, these maintenance tasks help keep your home cool and comfortable during the summer months while reducing energy costs.
  • Prepare for Summer Enjoyment: Get your home ready for summer enjoyment with a thorough spring cleanup and setup. Whether it’s preparing your lawn and garden, refreshing outdoor living spaces, or ensuring your home safety devices are updated, these efforts will make your home a safer and more enjoyable place for the sunny days ahead.

Spring is a season of renewal and fresh beginnings for many of us – a fresh wardrobe, new plants, a seasonal interior look, and a thorough spring cleaning. It’s also the ideal time to give our homes the essential maintenance they need to prepare them for the summer days ahead. Whether you’re a seasoned homeowner or new to the game, check these essential Spring maintenance items off your to-do list to protect your home and keep your space fresh, efficient, and comfortable through the rain and heat in the coming months.

Inspect Your Roof and Gutters

Winter can be harsh on your home’s exterior, especially on your roof and gutters, from months of accumulating dead leaves and brisk winter winds. Start your spring maintenance by inspecting your roof for any damages such as missing, loose, or damaged shingles. You don’t need to scale it like Everest – just grab a pair of binoculars and scan for missing shingles or wear and tear. A small roof leak now can turn into big wood rot, staining, and mold growth when the summer heat and humidity set in.

Don’t forget to clear debris from your gutters to ensure proper drainage and prevent water damage. A quick run with a powerful leaf blower followed by a good hose down should clear most debris. It’s also a good idea to check for clogs in your drain spouts and make sure they are positioned to properly drain run-off away from your foundation. A clear gutter means clear paths for spring showers to flow away from your home, not into it.

Check Your Home’s Exterior

Take a walk around your home and inspect the siding. Look for signs of damage or wear, such as cracks or warping. Keep an eye out for signs of insect damage too from borer bees, carpenter ants, and termites. Termites are especially drawn to wet and soft wood, so replacing or filling damaged siding early can prevent a lot of problems later on.

Early spring is the ideal time to schedule repairs or consider a fresh coat of paint to protect and beautify your home’s exterior. Paint not only beautifies your home but also acts as a shield against the elements to protect it from wood rot, dry splitting, and warping.

Photo of an exterior HVAC unit in grey metal against a beige stucco wall.

Prepare Your Air Conditioning System

Before the heat sets in, let’s ensure your AC is ready to keep you cool without a hiccup. The last thing you want is an AC failure in the dead of summer when repairs can take longer to schedule and parts are more likely to be on backorder. Replace the filters to improve the air quality in your home and to improve airflow through your AC system. A clogged filter reduces airflow and can cause strain on your system over time, so this is one of the easiest maintenance items you can keep up with to extend the life of your unit.

If you’ve noticed any strange sounds, odors, or the air coming out of your vents isn’t as cool as it used to be, consider scheduling a routine inspection to identify potential issues early before the strain of a summer heat wave.

Spruce Up Your Lawn and Garden

Your yard is more than just space; it’s your outdoor living room. Early spring is perfect for raking, seeding, and planning those garden beds. Whether you dream of a vegetable garden or a flower-filled sanctuary, Spring is planting season and a great time to re-envision your exterior spaces. Start plotting out where you’ll want to add any new trees, shrubs, pops of colorful flowers, and mulch or pine straw for a clean, well-groomed landscape that you enjoy spending time in all summer long.

While you’re at it, why not invite more local wildlife to your outdoor sanctuary? You could add a bird feeder or two. Or thing about putting in a small pond to encourage frogs and butterflies to take us residence.

Refresh Your Deck or Patio

Your deck or patio is the stage for summer barbecues and evening stargazing, and it’s the heart of many summer activities with friends and family. Getting your deck in tip-top shape will go a long way in making it the perfect summer backdrop for making memories. Inspect your deck or patio for any winter damage. Look for loose boards or railings, and consider resealing or staining wood surfaces to protect them from the elements and keep them looking great.

Adding new outdoor furniture, potted plants, or accent pieces can also refresh your outdoor living spaces and invite you to spend more time outdoors in a space you love and enjoy.

Safety First! Your Home Safety Devices

Our homes’ unsung heroes, smoke detectors and carbon monoxide detectors, deserve a round of applause…and a battery check. While you’re working on a to-do list, this is a great reminder to check and maintain your home’s safety devices. Test smoke detectors and carbon monoxide detectors, and replace the batteries if needed.

It’s also a smart idea to check the expiration date on your fire extinguisher and review your family’s emergency plan in case of fire, dangerous storms, or other natural disasters. Do you have the essentials like flashlights, food, and water on hand in case of a blackout or a broken water main?

Declutter and Deep Clean

Nothing says spring like a fresh, clean home. Spring cleaning is a time-honored tradition for a reason. It’s about clearing out the old to make room for the new. It’s a chance to declutter, deep clean, and maybe even rediscover some long-lost treasures. Take this opportunity to declutter and deep clean your space. This doesn’t have to be a time-consuming job. Break it up into 15-30 tasks and you’ll be amazed at how quickly you’ll get your home in tip-top shape without getting overwhelmed.

Go room by room, donating items you no longer need, and tackling those often-neglected areas like baseboards, windows, and underneath furniture. The reward is a fresher home that is easier to breathe in, easier to maintain and feels brighter and healthier.

Photo of a home interior with energy efficient windows recently installed.

Seal Windows and Doors

Check the seals around windows and doors to ensure they’re tight. Any gaps can let in warm air and let your air-conditioning leak out during the summer, increasing your energy costs. Replacing seals or caulking gaps is a simple, cost-effective way to improve your home’s energy efficiency and keep your electric bills under control in the peak of summer.

Prepare Outdoor Faucets and Sprinklers

Summer fun means outdoor water. There are cars to wash, lawns that need to be sprinkled, and inflatable pools or slip-n-slides to enjoy! Turning back on the outdoor waterworks without leaks or surprises is the goal. Check outdoor faucets and sprinkler systems for leaks or damage and make any necessary repairs to ensure they’re ready for use.

Plan for Home Improvement Projects

Spring is an ideal time to plan and budget for any home improvement projects you’ve been considering. Maybe it’s the year you finally update the back patio or remodel the kitchen. Planning ahead ensures your projects are completed in time to enjoy throughout the year. If you need any advice on financing your home improvement projects, I’d be happy to walk you through the pros and cons of different financing options and help you pick the perfect fit with the best terms for your needs!

Maintaining your home in spring not only prepares it for the summer but also prevents potential problems from turning into expensive repairs. By following these essential spring home maintenance tips, you can ensure your home is safe, efficient, and beautiful, allowing you to enjoy all the season has to offer.

As you embark on your spring maintenance journey, remember that every home is unique. Tailor these tips to suit your home’s specific needs and your personal preferences.

Spring into Action Together

Spring home maintenance is more than just a checklist; it’s an investment in your home and your quality of life. Each task you tackle is a step towards a home that’s not just maintained but truly loved. By taking the time to inspect, clean, and update your home, you’re not only preserving its value but also creating a more comfortable and inviting space for yourself and your loved ones.

Remember, a well-loved home is the heart of a well-lived life. And if you ever need a hand or a friendly word of advice, my team at Milend is always here, ready to help you make your home the best it can be.

Don’t miss out on more tips and tricks for making your home a haven – sign up for our newsletter today!

Photograph of a brick red house with white window trim against a mountain cliff with a potted fern and trees along the driveway.
Creative Financing Options for Home Buyers: A Guide to Making Your Dream Home a Reality
Read more...
Spring Market Preview: What to Expect in Real Estate
Read more...
Photo of a man on a tile roof holding a solar panel to install solar energy on his home.

Eco-Friendly Homes: Your Path to Healthier, Happier Home Finances

Eco-Friendly Homes: Your Path to Healthier, Happier Home Finances 1920 1271 Your Loan Officer for Life

Key Takeaways

  • Significant Savings and Sustainability: Eco-friendly home upgrades like LED lighting, high-efficiency appliances, and solar panels not only reduce your carbon footprint but also offer substantial savings on utility bills. These green choices can lead to long-term financial benefits, including lower energy costs and potential tax incentives.
  • Improved Home Comfort and Health: Upgrading to energy-efficient windows, adding insulation, and using sustainable materials can significantly enhance your home’s comfort. These improvements lead to better temperature control, reduced noise levels, and improved air quality, creating a healthier living environment for you and your family.
  • Increased Property Value: Investing in eco-friendly home upgrades can raise your property’s value and appeal to future buyers. Features like solar panels and energy-efficient appliances make your home stand out in the market, potentially leading to a higher appraisal value and a quicker sale.

In today’s world, sustainability has infused every aspect of our lives, from recycling, to buying local, to eating farm-to-table. Our homes are no exception to the great push into going green, with many home buyers looking for eco-friendly homes that are cozy, comfortable havens with a smaller utilities footprint.

On top of adding appealing features to your home for potential buyers, you might want to look to eco-friendly upgrades for the tangible benefits of saving money, enhancing comfort, and increasing property value.

Why Eco-Friendly Homes Are a Big Deal

Your home is more than just a place to crash, it’s a reflection of your personality and values. Eco-friendly home upgrades are designed to reduce your household’s carbon footprint by utilizing less water, energy, and natural resources. These upgrades can significantly reduce your monthly utility bills, improve indoor air quality, and even raise your property value.

These upgrades not only cut down on your utility bills (though that’s a pretty sweet perk!); they also improve air quality, creating a healthier, more comfortable space for your loved ones. Energy-saving windows, for example, can raise your property value and give your home that special glow that says, “Hey, future buyers, I’m a gem!”

Since energy costs are continually rising, and homebuyers are increasingly environmentally conscious, the appeal of a sustainable home has never been higher.

Picture of a clear LED bulb against a blurred background.

The Best Spots to Go Green

Let There Be (LED) Light: Swapping out those old bulbs for LED ones? A total game-changer for saving energy. Upgrading to LED lighting, energy-efficient appliances, and smart thermostats can drastically save on energy consumption. High-efficiency heating and cooling systems also save energy while making your home more comfortable. One thing about LED bulbs I learned the hard way is that you’ll also want to change your wall switch if you want them to last for the maximum lifespan.

Water-Saving Wonders: Those low-flow faucets, showerheads and toilets? They reduce water usage without significantly compromising performance.

Cozy Up with Insulation: Upgrading your insulation and investing in energy efficient windows help keep your home comfy season after season. Look for products with high R-values and ENERGY STAR ratings to keep your home comfortable year-round, reduce energy consumption, and lower heating and cooling costs.

Solar Panels: Sunshine Superheroes: Imagine tapping into the Sun’s power to light up your home. Solar panels do just that AND seriously cut down your electricity bills. Solar panels are a big investment, but they can pay for themselves and then some over the long-term by reducing your electric bill. In some cases, you’ll even come across government incentives or tax breaks to make this an even sweeter deal. Keep in mind that solar panels have a drop-off in power production over time (often after 10 years). So, give this one plenty of thought and research before deciding if solar power is right for your home.

Stylish and Sustainable Materials: From bamboo floors to recycled glass countertops, choosing sustainable materials means your home is not just green—it’s stylish too. If you’re having a custom home built, or renovating an existing home, keep an open mind to sustainable materials like bamboo flooring, recycled glass countertops, recycled brick, reclaimed wood, and non-VOC paints. These materials are environmentally friendly, can make your home healthier, and add unique beauty and character by incorporating more natural materials. It can even be friendlier for your budget if you try sourcing recycled and reclaimed materials through Facebook Marketplace or Nextdoor.

Photo of a woman in a blue t-shirt taking cash out of a wallet.

The Wallet-Friendly Perks of Going Green

I know I talked about how each of these eco-friendly upgrades saves you money, but I want to talk about the big financial picture. Investing in green upgrades can be an investment up front, so the out of pocket can seem like a big hurdle to get to the benefit of long-term savings.

But think about the freedom of having fewer monthly bills and more going back into savings each month for years! Upgrades like these truly are the gift that keeps on giving – giving peace of mind, savings, and growing home equity. Lower utility bills, less maintenance, and even some sweet tax incentives make these upgrades a smart move for your budget and your financial wellbeing for years to come. Consider that energy and repair costs will keep rising in the future, so your monthly savings will get better with age too!

Photo of a bathtub with a white towel draped over the edge featuring a low flow faucet.

A Home That Hugs You Back

Beyond the savings, there’s something magical about living in an eco-friendly home. It’s like it breathes along with you, offering cleaner air, a quieter, more serene environment, and that just-right feeling all year round. And when the time comes to sell, these green upgrades can translate into a higher appraisal, more home equity, and make your home stand out to potential buyers.

Kickstarting Your Green Savings

Feeling inspired? Starting your eco-friendly journey doesn’t have to be an all-or-nothing leap. Begin with a few small changes and watch how they start to add up. Every step toward sustainability brings you closer to a home that is more comfortable, cost-effective, and appealing to future buyers.

Photo of a home interior with energy efficient windows recently installed.

Real Stories, Real Impact

At Milend, we’ve seen the incredible difference eco-friendly upgrades can make. Take the Nguyens, whose new, efficient windows, caulk and insulation, and LED lighting made their home the coziest and brightest spot on the block. The Department of Energy says the average homeowner to make these two upgrades will save $690 in energy costs each year! Imagine what’s possible for your home and budget if you save 40% on your energy bills.

Let’s Do This, Together!

Sustainability is already a part of our daily lives. It’s about making thoughtful choices that benefit our wallets, our health, and our future.

If you’re inspired to make your home more sustainable and want to learn more about eco-friendly upgrades, sign up for our newsletter. You’ll receive the latest tips, success stories, and insights to help you navigate your eco-friendly and budget-friendly home improvement journey.

Together, we can make our homes work better for the way we live, our wallets, our health, and build a future of financial freedom for ourselves and our loved ones. Let us know in the comments or use the contact page to tell us how we can support your home financing journey.

Let’s Grow Together

As we navigate the spring market and beyond, let’s remember the values that bind us: trust, commitment, personal growth, and the importance of home. If you’re pondering your next move or seeking guidance in the ever-changing real estate landscape, reach out. Together, we can explore your options, prepare for the future, and turn the dream of homeownership into reality.

Stay tuned for more insights, and don’t hesitate to join our community for updates, tips, and stories that celebrate our journeys home, one step at a time.

Spring Market Preview: What to Expect in Real Estate
Read more...
Understanding Closing Costs: A Homebuyer’s Guide
Read more...

Error: Contact form not found.