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The benefits of energy-efficient homes
• Save money : Inflation was one of the biggest stories of 2022 , as the cost of living rose dramatically in the wake of world events . According to data from the U . S . Bureau of Labor Statistics , inflation led to an overall 6.5 percent increase in prices . But that increase was dwarfed by the cost of electricity , which increased by 14.3 percent in 2022 . Energy-efficient appliances can help homeowners overcome that spike , as the U . S . Department of Energy indicates upgrading to such products can help homeowners reduce their energy costs by as much as 30 percent .
• Improve resale value : As the NAHB survey indicates , modern homebuyers want energy-efficient homes . They ’ re also willing to pay more for such homes . Research from the mortgage lender Freddie Mac found that homes with energy-efficient ratings sold for nearly 3 percent more on average than homes without such ratings .
Consumer efforts to be more eco-conscious are more and more noticeable . For proof of that , one need look no further than the increase in vehicle charging stations . Such stations are more accessible than ever and illustrate that consumer preference is increasingly leaning toward products that leave as small a carbon footprint as possible .
Another indicator of a growing interest in ecofriendly products is the popularity in energy-efficient homes . In fact , a recent survey from the National Association of Home Builders found that energy-efficient features are among the most sought-after “ must-haves ” among homebuyers . Among those surveyed , 83 percent desired Energy Star-rated windows , 81 percent wanted Energy Star-rated appliances and 80 percent preferred energy-efficient lighting .
Though eco-conscious sensibilities compel millions of homeowners to make their homes more energy-efficient , that ’ s not the only reason to upgrade your home . The following are a handful of the many benefits of energy-efficient homes .
• Live healthier : The benefits of energy-efficient homes aren ’ t just economic , though health-related benefits certainly produce an economic incentive as well . According to the American Council for an Energy-Efficient Economy , insulation and air sealing protect individuals from heat waves and other ripple effects of climate change . The ACEEE notes that weatherization can improve indoor air quality and comfort , a notable benefit for asthma sufferers and seniors . In fact , the ACEEE estimates that integrating energy efficiency programs in homes could reduce seniors ’ risk for falls in their homes , potentially saving $ 2 billion in fall-related health care costs over the next decade , and improve asthma outcomes , which could reduce health care costs by as much as half a billion dollars .
Energy-efficient products and practices pay numerous dividends , making them a worthy expenditure for any homeowners looking to upgrade their homes . n
Richard W . Cook Broker / Owner
209 West Monroe St Thomasville , GA 31792 www . cookrealest . com
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Brian Lameier Sales
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LISTING AND SELLING REAL ESTATECALL BRIAN LAMEIER @ 229.305.5979
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30 Fall 2023 | Thomasville Scene