5 Cost-Saving Upgrades to Create an Energy-Efficient Home

If your home was built more than 20 years ago and you haven’t made any upgrades, chances are you’re spending more on monthly utilities than you have to. 

Technology, appliances, and building practices change fast. In the last few decades, these changes are happening faster than ever before. As we focus more on preserving energy resources and cutting down on greenhouse gas emissions, we see new innovations every year in the homebuilding and renovation world.

Homeowners are excited to see the changes in their own lives, too. Energy efficiency means less monthly expenditures and more home comfort. That’s why Homes by Tricolor is focused on energy performance more than ever before. 

Here are the top 5 upgrades we’ve been completing to bring homes into the 21st century: 

  • Updating Appliances

Appliances are one of the main energy drains in most houses. Your washer and dryer, stove and oven, dishwasher, and fridge are some of the worst culprits. Whenever we come in for a renovation consultation, we take a look at how old your appliances are, which models they are, and how much energy they’re using. Then we can make recommendations for new appliances with excellent Energy Star ratings.

Homeowners usually want to replace old appliances during a kitchen renovation, and it’s a great time to do so because it allows you to look at bigger options or different orientations in your kitchen. 

2. Replacing Windows and Doors

Inefficient doors and windows are usually among the first items to blame when the energy bills slowly begin to skyrocket. If you feel a draft when you walk near a window or door, it’s a good sign it’s time for an upgrade.

New energy-efficient windows use triple panes, locking out sunshine and cold temperatures. Replacing windows can also help maximize natural light, so electricity bills are lower after the change.

3. Replacing Insulation 

Heating and cooling typically make up the largest portion of your monthly utility bills each month. But if you’re spending a lot of money on gas bills, your furnace or air conditioner might not be to blame.

Insulation in your walls and attic wears down over time and becomes less effective. If your walls feel cool in the winter, it’s probably time to replace your insulation. 

4. Switching to Tankless Water Heaters

A lot of the custom home builds we’ve worked on recently have incorporated this major upgrade, but more and more renovation clients are asking for it as well. Tankless water heaters heat your water on demand rather than saving it in a reservoir. This means you only use heat when you need it, reducing energy consumption and saving you about $100 per year on energy costs.

5. Installing LED Lighting 

Lighting is an easy and affordable upgrade that improves energy efficiency and makes your home more inviting. We love getting rid of old and out-of-date fixtures in kitchens and replacing them with LED lights placed under cabinets. These create a warm ambiance that can be controlled easily with settings and remotes, resulting in major energy savings. Motion sensor lights can also help reduce the amount of time lights are left on. 

Save Even More Money By Working with a Participating Contractor in the Home Energy Plan 

Most people hesitate when it comes to energy-efficient upgrades because they’re worried about costs. While sometimes an initial investment is more expensive, the benefits of energy efficiency far outweigh the costs.

As an added bonus, Energy Efficiency Alberta’s Home Energy Plan offers major rebates on home improvements that reduce energy usage. All you have to do is find a participating contractor and start planning your home renovations. 

Looking for a Renovation Company With the Home Energy Plan? 

Homes by Tricolor is proud to be a participating contractor in the Home Energy Plan. 

If you’re ready to save money on utilities and feel more comfortable in your home, contact us today! We have decades of experience in general contracting and home renovations. Our qualified contractors are always happy to help you save money while you create your ideal living space. We specialize in kitchen and bathroom renovations, basement developments, and custom home builds.