In Home Loans, Tips & Advice, Your Home

Solar panels for energy efficiency

Go Green With Help From PrimeLending!

Does Earth Day have you thinking about going green? If you’re asking yourself how can I save while making my home more efficient, you’re in luck. Making certain energy-efficient updates can save money on heating and A/C bills, and potentially boost your house’s value.

If you’re not sure where to begin – we’ve compiled a few ideas to help you start thinking green.

Upgrade Appliances

In recent years, appliances have come a long way in becoming more energy-efficient. Some newer dishwashers and washing machines, for example, are designed to use much less energy and water than previous models. If you’re not sure which appliances are worth upgrading, get some additional information here.

Tip: And if you are thinking about selling your home, more energy-efficient appliances can increase the value of your home, in some cases by as much as 6%.

Install a Programmable Thermostat

With tools like programmable thermostats, you don’t even have to get out of bed in the morning to crank the air or heat up. Instead, you can pre-schedule what you want the exact temperature at home to be and when. That means you also don’t have to worry about forgetting to change the temperature before you leave home for the day.

Add New Insulation

Making sure your home is properly insulated can go a long way. If you add insulation to attics, floors and crawlspaces, you can reduce unwanted air leaks and save significantly on your heating and A/C bills.

You can add more insulation yourself or hire a home energy audit professional to evaluate your house and do the work. Homeowners can also follow Energy Star’s suggested insulation levels that match their climate and area.

Install Energy-Efficient Windows

Energy-efficient windows will help insulate your house and reduce drafts and outside noise. Modern windows have different types of coatings you can choose based on the climate where you live, with some allowing more sunlight in than others. For added savings and protection from outside elements, you also have the option of choosing double- or triple-pane windows. Click here for some ideas on window framing materials.

Solar Electric System

Did you know, going solar can save you anywhere from 40% to 70% over the lifetime of your solar panels? Using the sun to harness your electricity can save you big money. Not only will going solar save you funds over time, it will likely increase the value of your home. Home buyers across the country have been willing to pay a premium of about $15,000 for a home with an average-sized solar array.

Energy-Efficient Loan Options with PrimeLending

Don’t think you have the funds to improve your home? PrimeLending offers loans that help you reach your green goals. You can:

  • Make energy improvements to your new or existing home.
  • Finance up to 15% of the improved “as completed” value of your home.
  • Save on your energy bill and safeguard your home
  • Even qualify for tax* savings.

If you’re ready to make your home and your wallet a little greener, be sure to contact a PrimeLending home expert to learn more.

*PrimeLending is not authorized to give tax advice. Please consult your tax adviser for tax advice for your specific situation.

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