Blog

quick-tips-to-save-money-for-homeowners

4 Things Homeowners Should Do Immediately To Save Money

With the rising costs of apartment living, an increasing number of Americans are becoming homeowners to cut costs.  In fact, 2/3 of Americans are homeowners. However, home ownership has its share of expenses.  From mortgage to utilities to maintenance and upkeep, the cost of home living can add up. So, we’ve provided a list of 4 simple tips every homeowner can implement now to save money over the long term and make your energy bills shrink.

Check the Insulation In Your Attic and Install More if Needed

If you are a new homeowner and your attic is unfinished, take a look around and check your insulation. There should be insulation between the beams and at least six inches everywhere (more if you live in the northern U.S.). If you notice inadequate or damaged insulation, consider installing more. Here’s a great overview from the Department of Energy on attic insulation, including specifics on how much you should have depending on where you live. Many states offer considerable financial incentives, up to a 75% refund in some cases, to encourage homeowners to better insulate their homes.

Consider Purchasing a Home Warranty Program

Many homeowners already have homeowners insurance but many do not have the extra cash to shell out when repairs are needed. Homeowners insurance is definitely valuable, but having a home warranty program is equally as valuable since it covers repair or replacement of your system components and appliances that fail due to age and standard wear and tear. These are situations that homeowners insurance does not cover. For example, if your washing machine of 10 years breaks down or your dryer just stops working one day, a home warranty program will cover those repairs. A Home Warranty Program will cover any unexpected repairs to your appliances, plumbing, water heaters, heating and other electrical systems. They also will replace anything that they can’t fix. Because of this, a Home Warranty Program can actually wind up saving you a lot of money in the long term. This website will help get you quotes for a Home Warranty Program that may be suitable for you. 

Install a Home Alarm System

Did you know that homes without security systems are 2.5 times more at risk for burglary and intrusion? Installing a home alarm system doesn’t just stop burglars and intruders, it can also save you tremendously. A house alarm system will save you money on your homeowners insurance policy (which is generally mandatory if you own a home). In fact, installing a high functioning alarm system gives homeowners a 10-20% discount on their insurance. These home alarm companies are almost desperate for new customers at the moment so you can get a good deal. ADT is currently offering $800 in savings once you pay the installation fee. That basically means you get a free alarm system for over a year by simply paying a $99 fee.

Reduce Your Electricity Bill With Solar Panels 

For homeowners, rising monthly electricity costs can really take a toll financially. Fortunately, the government is offering subsidies to install solar panels. That means if you live in a sunny part of the United States, like Texas, you may be able to qualify for a free installation and significantly reduce your electricity costs in a matter of weeks. In fact, some Americans have saved as much as $183 per month on their energy bills by going solar. Advances in technology and changes in financial regulations have allowed the cost of solar insulation to plummet by 73% since 2006. It is an affordable way to reduce your carbon footprint and save money on electricity. Click here to request a quote from us on going solar. 1 Solar Solution is committed to energy savings. Implementing these four simple tips can save you significantly over the long term. To learn more about the way going solar can save you significantly, call us at 1-855-601-7652 or email us at info@1solarsolution.com.