How Would Insulating a Home Save Money?

Most homes these days have insulation. However, not every house has sufficient or updated insulation. Although many don't realize it, this could cost homeowners a significant amount of money. 

So, how would insulating a home save money?

Whether you are building a new home or considering replacing your current insulation, cost is an essential factor. Although installation requires an initial investment, proper insulation can actually save you money in the long run. 

Our team at Comfort Specialists Services offers reliable HVAC services in Denville, NJ. As part of these service, we strive to continuously educate customers on ways to make their HVAC systems more efficient. This article reviews everything you need to know about how insulating your home can save money. 

First, What Is Home Insulation?

Insulation helps keep your home's indoor temperature comfortable year-round by reducing heat transfer. It consists of fiberglass, mineral wool, polyesterne, or other insulation materials that sit in the walls of your house. 

In addition to materials, insulation types vary by application method. For example, your home may have loose-fill, rolls of batting, or spray foam insulation. The type of insulation your home has depends on different factors like location and heating or cooling needs. 

How Important Is Home Insulation?

Without insulation, your house would be significantly colder in the winter and warmer in the winter, even with a functional HVAC system. Adequate insulation prevents heat loss in the winter, so you and your family can stay cozy inside while the outdoor temperatures dip. In the summer, it helps keep the cool air inside by keeping the heat outside. 

Unfortunately, over 90% of homes in the United States have insufficient insulation according to the North American Insulation Manufacturers Association. Although you may not notice a significant difference, having adequate insulation can help reduce your monthly energy costs by making your heating and cooling system more efficient.

How to Tell if Your Home Is Underinsulated

Even if you have the most energy-efficient HVAC system available, you could still be over paying for your utility bills if your home is underinsulated. So, how can you tell?

The best way to determine your home's insulation level is by comparing the R-value of your current insulation to the U.S. Department of Energy's recommended R-value for your area. R-value indicates how well insulation reduces heat transfer. The higher the R-value, the better. 

In addition to comparing R-value, you can determine insulation effectiveness in your home by doing the following:

• Checking if temperatures are consistent throughout your home. 
• Comparing your energy bill to your neighbors' to see if yours is irregularly high.
• Looking for drafts that could indicate air leakage in your home.

How Does the Cost Insulation Installation Compare to Energy Savings?

How would insulating a home save money if you have to pay for installation?

This is a common concern among homeowners considering insulation upgrades. While installing insulation requires an initial investment, it pays for itself over time by significantly reducing your monthly energy bills and HVAC repair costs. 

For example, if you want to insulate the attic, you could expect the installation to cost between $1,000 and $2,000 (or more depending on the size of your attic). According to the EPA, insulating your attic could save you around 11% on your total energy costs annually. If you're like most people, this could equate to approximately $200 a year. 

How Does Insulation Save Money on HVAC Expenses?

By reducing your home's heat transfer, insulation keeps indoor temperatures more consistent. As a result, your HVAC system doesn't have to work as hard to cool or heat your home. This means a more energy-efficient system, fewer HVAC repairs, and a longer-lasting unit. 

What Are the Other Benefits of Insulating a Home? 

As you can see, insulating a home helps homeowners save money by reducing monthly energy bills and increasing HVAC system efficiency. However, the benefits don't stop there. Adequate home insulation also provides the following advantages:

• Outdoor noise reduction
• A more comfortable home year-round
• Healthier and cleaner indoor air 
• Increased home value

Keep Your HVAC System Efficient Season After Season

How would insulating a home save money for homeowners? In more ways than one!

Adequate home insulation can significantly boost HVAC system efficiently, but it's not the only way to do so. At Comfort Specialists Services, our technicians can help keep your heating and cooling system operating at maximum efficiency with routine maintenance and fast repairs. 

We proudly provide expert services for central and split AC systems. Contact our Comfort Specialists Services team today to learn more!