Financial News

5 simple ways to save 'green' by going green at home

(BPT) - With rising energy costs and an increasing awareness of homeowners' environmental impact, creating a greener home isn't just a trend - it's a responsible choice for both your wallet and the earth. In fact, homeowners who implemented energy-saving systems and products in their home saved 8%-16% on heating and cooling bills through high use of the scheduling feature on the Honeywell Home T5 and T6 thermostats in a 2019 study in Indiana and Ohio. Whether you're motivated by reducing your carbon footprint or simply looking to cut down on utility bills, transforming your home into a "green" home may be more achievable than you think with just a few helpful tips.

Upgrade to a Smart Thermostat

One of the easiest and most effective ways to save energy is by installing a smart thermostat. With its programmable features, thermostats like the Honeywell Home T9 Smart Thermostat allow you to easily set and adjust the temperature during different parts of the day, decreasing the need for constant heating and cooling when you aren't at home. The U.S. Department of Energy explains that by simply turning your thermostat down 7°-10°F from its normal setting for eight hours a day, you can save as much as 10% on heating and cooling costs a year. Depending on where they live, users can also connect their T9 Smart Thermostat to their utility company to reduce energy use when needed and earn rewards, maximizing energy savings without sacrificing comfort.

Add Insulation

By acting as a barrier against heat transfer and helping to seal cracks, insulation helps optimize heating or cooling investment, leading to lower energy consumption and decreased energy bills. You can supplement existing insulation or add new layers to many areas of your home, but be sure to research what the right type, quality and depth is first. If needed, you can rent an insulation blower from your local hardware store or reach out to your local contractor for help.

Detect and Address Water Leaks

While often overlooked, water leaks can also waste resources. Leaky faucets, pipes or appliances waste heated and treated water, and large leaks can cost homeowners tens of thousands of dollars in repairs and water usage. Regularly inspect your plumbing fixtures and appliances for signs of leaks, such as damp spots, mold growth or unusually high water bills. Consider utilizing smart leak detection devices, such as the First Alert L1 WiFi Water Leak and Freeze Detector, that monitor temperatures and can alert you of leaks in real time via your smartphone. Adding one of these detectors may also save you money on homeowner's insurance as insurance providers value proactive and protective measures.

Prioritize Air Quality with Proper Filtration

Improving indoor air quality can also contribute to energy efficiency. Invest in high-quality air filters for your HVAC system to trap dust, pollen and other airborne particles effectively. And don't forget that regular maintenance of your HVAC system ensures optimal airflow and energy performance. For example, replacing a clogged, dirty air filter with a clean one can lower an air conditioner's energy consumption by 5%-15%. Cleaner, fresher air not only enhances current comfort but also reduces the strain on your heating and cooling equipment, prolonging its lifespan and saving cost and energy in the long run.

Invest in Energy-Efficient Appliances

When it comes to household appliances, opt for energy-efficient models that bear the ENERGY STAR® label. These appliances meet strict energy efficiency guidelines set by the Environmental Protection Agency (EPA) and can significantly reduce your energy consumption. From refrigerators and washing machines to thermostats and water heaters, there's a wide range of ENERGY STAR-certified appliances available to suit your needs.

To learn more about how you can save energy in your home, visit Honeywellhome.com.

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