Last week, financial columnist for the Baltimore Sun Jay Hancock blogged about the monetary benefits he had seen after installing insulation in the attic last fall. Read his excerpt below to see how the installation paid for itself:
“So last fall I had AC&R Contracting add insulation in my attic. There were good, temporary tax breaks for weatherizing your house (there still are), and I had pledged to take money I could have been spending on renewable energy credits for electricity generated by wind and spend it instead on reducing energy consumption. After consulting various energy and environmental pros, I decided that was the “greenest” investment.
My attic is one of those low, cheap spaces typical of Howard County houses, propped up by prefab trusses. It had a thin layer of pink blow-in fiberglass, but it was so sparse you could see the ceiling board in some places. The AC&R guys layered on a new, comfy, white blanket at a total cost of $1,120. The material came to $728, which meant I got a $218 credit on my taxes. That reduced the net cost to $902.
Then the job started paying for itself in lower BGE bills. From October through March, I used 688 therms of natural gas, according to my bills. For the same period in the previous winter I used 778 therms. Thermostat was the same. True, average temperatures for the most recent winter were 2 degrees warmer, according to the bills. Still, I figured I saved around $100 compared with what I would have spent without the insulation. And that’s not accounting for the most recent winter’s lower natural gas prices compared with the previous winter’s.”
Ask Henges Insulation how you can start saving money with insulation today!
