During National Home Remodeling Month this May, the National Association of Home Builders’ Remodelers encourage homeowners to go green with their remodeling projects - conserving natural resources and improving indoor air quality all while saving some serious money on utility costs.
“It’s not just feeling
good about the environment, but feeling good in your pocket book,” said NAHB
Remodelers ChairMike Nagel, CGR, CAPS, a remodeler from
Chicago. “Green remodeling offers tangible benefits for consumers, including
significant savings on utility bills.”
According to the U.S.
Department of Energy, homeowners can save $600 or more per year on utility
bills by upgrading appliances, windows and insulation to Energy Star®-rated
Homeowners can also
save money on their water bills by retrofitting their homes with
water-efficient fixtures - saving up to $175 annually according, to the
Environmental Protection Agency’s WaterSense program. Examples include aerators
for faucets, tankless water heaters and low-flow or dual-flush toilets.
“In some older homes, the costs
for these upgrades can be completely offset by the savings on the utility
bill,” Nagel continued.
The federal government
also offers a $500 tax credit for energy-efficient windows, doors, insulation,
HVAC and other upgrades. The credit expires at the end of 2007.
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