FOSTER CITY, Calif.,
March 31, 2021 /PRNewswire/
-- A recent Modernize survey of 1,500 homeowners
planning home improvements finds that 40 percent of respondents
embark on their project to save money on utility bills. With energy
costs predicted to rise significantly in the coming months,
consumers may be seeking guidance on how to reduce heating and
cooling expenses.
To help homeowners address their energy cost concerns,
Modernize, a leader in the home improvement and home services
industry, releases a comprehensive guide outlining home improvement
projects that offer significant energy savings. The guide addresses
four core energy-related home improvement areas —heating and
cooling, solar energy, windows, and roofing—as well as tips that
apply to the entire home.
Please see the full guide: A Homeowner's Guide to Savings.
Findings include:
- Heating and cooling: Understanding when to replace a
heating and cooling system is key to boosting a home's energy
efficiency and ultimately saving money. Factors like size, age, and
insulation can determine the best time to upgrade an HVAC
system.
- Solar energy: Adding solar panels to a home can generate
up to $40,000 in energy savings over
20 years. It is important to understand what makes a home a good
candidate for solar panels. Calculating the return on investment,
accessing available rebates and incentives, and speaking to a
professional can help homeowners make an informed decision.
- Windows: Windows are estimated to be responsible for
25-30 percent of home heating and cooling energy loss so, along
with replacing an HVAC system, it may pay off to upgrade window
frames, glass, and coatings that can minimize hot and cold air
escaping from a home.
- Roofing: While many homeowners may not realize the role
that their roof plays in their energy costs, roofs have properties
that can make a home significantly warmer, thus increasing cooling
costs. Depending on the age of the roof and the weather damage it
has sustained, a replacement may drive cooling costs down.
- Whole home tips: Opportunities for increased energy
efficiency can be found throughout a home, such as by fixing air
leaks, insulating pipes, using LED light bulbs, and getting window
coverings.
"Almost every component of your home — from the roof to the
insulation — offers an opportunity for saving money on utility
costs every month," says Gregg
Hicks, vice president of Modernize.com. "While many home
improvement projects require careful planning and budgeting,
understanding the short- and long-term savings can make certain
expenses worth the investment."
Hicks is available to answer questions about projects that
increase home energy efficiency and offer guidance on hiring a
reliable contractor for various home improvements.
About Modernize.com
For more than 15 years, Modernize has been a leader in the home
improvement and services industry, connecting homeowners with
contractors and other home services professionals. Modernize
operates in more than 15 high-value, high-consideration home
segments, including new and replacement windows, solar
installation, roofing, heating and air conditioning, siding,
bathrooms and kitchens, new and replacement gutters, home security,
and others. The business brings a network of more than 1,000
contractors and professionals across all segments, offering broad
geographical coverage and choice for homeowners.
Modernize is owned and operated by QuinStreet, Inc. (Nasdaq:
QNST), a leader in providing performance marketplace technologies
and services to the financial services and home services
industries. QuinStreet is a pioneer in delivering online
marketplace solutions to match searchers with brands in digital
media. The company is committed to providing consumers with the
information and tools they need to research, find and select the
products and brands that meet their needs. Modernize is a member of
QuinStreet's expert research and publishing division.
Media Contact:
Jacqueline Leppla
Senior Director of Public Relations
QuinStreet, Inc.
Direct +1 775 321 3608
Email jleppla@quinstreet.com
LinkedIn
Twitter: https://twitter.com/Modernize
Facebook: https://www.facebook.com/modernizehome
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SOURCE Modernize.com