Dated: 08/22/2018

Views: 25

Going green is great for the environment, but that’s not the only benefit. When you make green upgrades in your home, it can also lead to some major savings.

  1. Solar panels: The upfront cost is big, but the long-term savings are huge. Solar panels will cost several thousand dollars to install, but ongoing maintenance costs are very low, and a typical system could save you hundreds of dollars per year. You can even sell your surplus electricity.
  2. Wood furnace: Wood-burning furnaces are relatively inexpensive, and though the yearly savings aren’t as dramatic (about 10% on heating bills), it adds up over the long run.
  3. Insulation: There’s a good chance your insulation isn’t very efficient, especially in older homes. Look into installing floor, cavity, wall, and loft insulation to reduce your heating bills.
  4. Rain barrels: Rain barrels are extremely inexpensive, and provide gallons of free water to use when you wash your car or water your garden.
  5. Geothermal system: OK, so the price tag is scary at first. A geothermal system uses the earth’s temperature to heat and cool your home, but can cost $30,000 to install. But tax credits allow you to get a lot of that money back, and the energy savings average about $1,900 per year. If you plan to be in your home for a decade or two, it’s a great investment.

Blog author image

Corby Horlings

I began selling real estate in 2004 after 10 yrs. in the banking and mortgage industry in Denver, Telluride, and Grand Rapids. Over the last 23 years I've handled over 1000 career transacations invol....

Latest Blog Posts

How to Celebrate Graduation When You Can't Gather

Across Michigan, 2020 graduates are celebrating significant milestones. Since we can't gather in large groups, celebrations are going virtual! Commencement ceremonies are being streamed on YouTube

Read More

25 Last-Minute Mother’s Day Craft & Gift Ideas

Mother’s Day is RAPIDLY approaching! With the shelter-in-place orders and long days of e-learning creating chaos in our daily routine, it’s easy to have the day sneak up on us! If Mother

Read More

Grand Rapids Quarantine Activities to Try

Since we’ve now arrived at 30+ days of social distancing, it’s likely that you and your family have hit a wall when it comes to things to do around the house. You’ve checked off

Read More

What to Plant in Grand Rapids this April

April 1st was the official start of National Garden Month. With the stay-at-home order in place here in Michigan, this is a perfect time to tackle outdoor and gardening projects around your.

Read More