When preparing for a home renovation, it’s important to consider ideas that will save money, look great, and be smart long-term investments. Renowned contractor Mike Holmes, known for his expertise on the HGTV show “Holmes on Homes,” recommends focusing on energy-efficient appliances for your remodeling projects. These appliances not only reduce energy consumption and environmental impact but also lower utility bills in the long run.
While energy-efficient appliances may have higher upfront costs, they make up for it with savings on operating costs. By choosing energy-efficient models for your kitchen, plumbing, and heating and cooling systems, you can save up to $100 per year per appliance in reduced energy costs. Over the lifespan of these appliances, the savings can add up significantly, making them a cost-effective choice.
Focus on kitchen appliances that save energy
Mike Holmes recommends looking for ENERGY STAR-rated appliances for your kitchen and plumbing needs. These appliances are certified by the U.S. Environmental Protection Agency and have been proven to save consumers billions in power costs. Additionally, some energy-efficient appliances may qualify for tax credits and rebates, providing further savings for homeowners.
For a more comprehensive evaluation of your home’s energy usage, consider scheduling a home energy audit with a professional inspector. This audit can identify areas where you can improve energy efficiency and save money in the long term. By using energy-efficient appliances and making upgrades based on the audit recommendations, you can reduce your electricity bills and make your home more environmentally friendly.
Upgrading to modern heating and cooling systems is a money-saver
Heating and cooling systems account for a significant portion of a home’s utility costs. Mike Holmes recommends installing a heat pump for improved efficiency and long-term savings on electricity consumption. Heat pumps are much more energy-efficient than traditional heating systems, offering up to 50% reduction in electricity consumption.
When it comes to water heaters, Holmes advises against using tank-style electric models, which can be costly to operate. Instead, he suggests opting for tankless gas-operated water heaters, which are more efficient and cost-effective. By heating water only as needed, tankless water heaters help reduce energy waste and lower utility bills.
