Energy Efficiency: A Win-Win for Your Wallet and Your Home

Picture this: you love your cozy home, but you also know it could be worth more.  While a fresh coat of paint might be nice, it’s not a guaranteed investment booster.  But what if there was a way to increase your home’s value while also saving you money every month?  Look no further than energy efficiency!

 

Here’s why making your home energy efficient is a smart move:

 

On the one hand, The average family spends a whopping $2,200 a year on utilities.  Energy-efficient upgrades can slash those costs by 30%, making your home a dream for budget-minded buyers. They’ll love the lower utility bills and you’ll love the extra cash in your pocket! It is certainly a wise investment. 

 

On the other hand, Climate change is a reality, and energy costs are likely to rise.  By making your home energy efficient today, you’re preparing for tomorrow.  This is a huge selling point for eco-conscious buyers who see your home as a stable, long-term investment. Eco-Friendly Features Attract Eco-Conscious Buyers. Sustainability is a major concern for many homebuyers.  By making energy-efficient upgrades, you’re showing them you care about the environment.  This can give your home a competitive edge in the market.

 

Also, Energy efficiency isn’t just a feel-good notion.  Programs like Pearl Certification can document your upgrades, translating them into higher value when you sell or refinance.  This gives peace of mind and a clear financial benefit.

 

Ready to Unlock Your Home’s Hidden Value?

 

Here are some easy first steps:

 

Get an Energy Efficiency study: We will be glad to assist you with a friendly free Energy Efficiency audit. It will help you to determine the way your home can be more efficient and we will identify areas for improvement. Don’t miss the opportunity to obtain your Free assessment.

 

Partner with a Pearl-Approved Contractor: These experts can make energy-saving upgrades and ensure proper documentation to maximize your home’s value. Volt Home has helped many families to reach their Energy Efficiency Goals and we will be really happy to provide you with the Energy Efficiency solutions that you need.

 

Small steps today lead to big rewards tomorrow. Contact us today and  Start making your home energy efficient and watch your investment value soar!

Why Your Electricity Bill Remains High While Energy Costs Plunge

Imagine the following situation: you are doing your best to keep your electricity usage in check, making sure your family is doing the same. You have done your homework on energy efficiency and are careful not to overspend. Then, you hear the good news: fuel prices are dropping! But when you get your electricity bill, it’s like a slap in the face, it just keeps going up. Hard to believe, right?

 

Unfortunately, that is the reality for many neighbors out there. Even though energy costs overall are going down, the electricity bills are on the rise. Let’s dive into why this strange phenomenon is happening.

 

Infrastructure issues:

 

Keeping those old power grids running smoothly and investing in new green tech isn’t cheap for the energy companies. They’re shelling out over $100 billion a year for these upgrades, which means higher costs all around.

 

Natural Gas Price Drops and Your Wallet:

 

Natural gas is a big player in the electricity game, and its prices have been dropping. But the truth is that those savings aren’t getting passed on to you. Blame it on the complicated infrastructure and operational costs we mentioned earlier.

 

Going Green, but Paying More:

 

We’re all about cleaner energy these days, which means more investment in eco-friendly infrastructure. It’s good for the planet, sure, but it’s also adding to the bill. Although beneficial for the environment, it is not cheap. “These utility companies are passing these costs to individual consumers,” explains Benjamin Lee, professor of the University of Pennsylvania.

 

Red Tape and Slow Progress:

 

Changing electricity rates isn’t as simple as flipping a switch. Utility companies require government approval, which can take months, even years. This means current prices might reflect previous fuel costs, not the latest, lower ones.

 

A History of Ups and Downs:

 

The last time residential electricity costs witnessed a decline was way back in 2016. Since then, prices have unfortunately shown a consistent upward trend, suggesting that even the predicted 1% decrease for 2024 might be a temporary blip.

 

Experts caution that expecting significant and sustained price drops might be overly optimistic. While some states may experience slight decreases, others could see increases, resulting in only a small overall decline nationwide.

 

What Can You Do?

 

Shop smart: Compare prices from different providers to see if there’s a better deal out there.

 

Go green at home: Invest in energy efficient appliances and make small changes to reduce your energy consumption.

 

Keep informed: Push for policies that support renewable energy and make electricity costs clearer for everyone.

 

By understanding the facts of electricity pricing and taking some proactive steps, you can be able to make an informed decision on how to decrease your electric bill. Remember that knowledge is power.

 

Get in touch with us, and our team will be glad to provide you with a friendly free energy efficiency study. It’s all about helping you to save money on your bill while adding some extra value to your home.