Thursday, October 3, 2013

The Cost of Efficiency

We are fortunate to live in a time where everything is becoming more efficient. While that is a wonderful thing, it does not come without a price tag. Even light bulbs are more efficient. Yes, high efficiency light bulbs will last 10 times longer than your regular light bulbs, but they are not inexpensive.
In regards to the high efficiency light bulb, it will cost you more money upfront to purchase it, but it does save you money both in energy costs and in the frequency with which it has to be replaced. So while more expensive, it does work out in your favor. This can be something that is hard to understand. We are much more prone to want a good deal upfront, or to pay the least amount of money for something out of pocket, than to focus on what it saves us on our utility bills.
The same is true for our home comfort systems. A new high-efficiency unit will save you a lot of money on energy costs, but the upfront cost can be intimidating. Read “I’d Like to Pay You $470 Cash Trade-In for Your Old Energy-Wasting Furnace” to learn how you can save money upfront (the way we like to save money) by replacing your unit and getting the benefit of saving money on your energy costs as well.