New windows and doors will do a lot more than improve your curb appeal. Investing in energy efficient windows and doors will save you money. There is no question about that. But how much it will save you now and overtime is a question all homeowners ask when planning a replacement project. We get asked this question every day. And it is a value one to ask. As a homeowner, you should be concerned about the type of return you can expect on your investment in a home improvement project. Windows and doors are no different. In this blog we talk about how much cash you save with energy-efficient windows & doors.
Here we will answer your questions about how much you will save and provide you with some important information about energy efficient windows and doors.
Inefficient Windows And Doors Lead To Significant Energy Loss
Windows and doors make up for a large portion of energy loss in your home. Even seemingly simple issues such as broken or damaged weatherstripping or a small air leak can spike your energy bill.
Natural Resources Canada provides some insights into how much of a role windows and doors play in energy loss:
“Windows and doors can account for up to 25 percent of total house heat loss. Windows and doors can be repaired, however at times it is best to replace them with more energy-efficient models. Proper installation and maintenance also play a key role in saving energy and improving comfort.”
They add:
“Windows can be repaired by servicing hardware such as latches, cranks and locks or retrofitted with caulking and weatherstripping or adding glazing and storm windows. At times the best choice is total window and frame replacement with new, high-performance ENERGY STAR® certified windows or inserts. If the frames are still in good condition, inserts (i.e. new sash and glazing units) can be a good option, especially for homes with heritage status.”
Often times, attempting to repair the issue will only cost you money for a temporary fix. You will see a minimal improvement. Upgrading to more efficient windows and doors is where you will see the most cost savings over time. Plus, you will have peace of mind in knowing that your windows and doors were upgraded and improved the right way. Now the question arises about how much cash you save with energy-efficient windows & doors.
How Much Will I Save On Average By Installing Energy-Efficient Windows And Doors?
According to Natural Resources Canada, they estimate you will save about 8% on your energy bill in when you install energy efficient windows. These windows are 40% more effective for other standard window types.
8% may not seem like a huge number, but it will add up to big savings over time. Here is an example to illustrate this point:
According to energyhub.org, the average monthly energy bill is about $130 in Ontario. An 8% savings on this amount would work out to about $10.40 per month or $124.80 per year. Over the course of a decade, you would save $1,248. This is about 10 months worth of energy costs, or 1 payment accounted for annually.
The amount of savings will also depend on the type of windows you currently have installed in your home. According to realtor.com:
“The U.S. Department of Energy estimates that you’ll save between $126 to $465 a year by replacing single-pane windows in your home. Already have double-pane windows? You can still reap savings by switching them out with energy-efficient ones, but far less. Plan on $27 to $111 per year.”
You will experience cost savings regardless of the type of windows you already have in your home.
Factors That Will Affect How Much You Will Save
There are a lot of factors that will have in influence over how much you will save each month on your energy bill. The most common are:
- Where you live: Colder regions tend to save a little bit less per year because of the extreme changes in temperature throughout the year. Warmer regions experience more significant savings.
- Number of doors and windows: Upgrading all your windows and doors versus a select few will impact your overall home efficiency. The more you replace, the more you will save.
- Type of windows: The windows you choose to upgrade will affect how much energy savings you’ll experience. Bigger and more prominent windows will provide you with the most savings. Replacing the windows in the worst shape first will help you save the most.
Other Benefits Of Energy Efficient Windows And Doors
Upgrading your windows and doors offer additional benefits to homeowners. The main advantages include the following:
- Reduction in noise pollution: Energy efficient windows are more effective at reducing noise pollution. You will notice significantly less exterior noise when you are in your home with the windows closed.
- Reduce sun damage: New windows with a low-e coating will reduce the effects of the suns rays on your items in your house. It will reduce damage such as fading to carpets, furniture and other items that are close to your exterior windows.
- Increase home value: One of the top things on a potential buyers list of must haves for a home is energy efficiency. They are looking for homes with new windows and doors because they know the cost saving advantages.
These benefits provide you with even more of a financial incentive to upgrade your windows.
Contact Us To Upgrade Your Windows And Doors
Are you thinking about upgrading to more energy efficient windows and doors for your home? Call us at 1-888-837-6569 for a free in-home estimate! Our consultants are happy to come to your home to assess your needs. We will discuss your options and help you choose the right combination of windows and doors.
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