3 Questions to Ask to Make Sure Your Attic isn’t Wasting Money

Attics are a great space to store items you don’t always need. Halloween and Christmas decorations, old lawn chairs, and books you have not read for years are all well-suited for upper level storage. But many homeowners do not understand that while attics can be a great place to keep rarely used items, it can also leak air, create a very wasteful space and cause of high energy costs.  According to ENERGY STAR, 90 percent of American homes are not insulated properly. This can cause your attic to contain leaks or improper insulation that can be a real drain on your wallet. How do you prevent this kind of waste? Check out these helpful tips:

Is your attic leaking?

Homeowners should regularly check for leaks in the attic. Leaks around your house and in your attic cause a 25 percent reduction in total air infiltration. Rather than paying a contractor who can cost you around $1,500 to $2,000, a simple DIY project can cost less than $150.  However, less confident homeowners might find it worth it to hire a professional handyman if you don’t have experience checking for leaks. Today’s Homeowner and Family Handyman both have helpful guides for uncovering leaks.

Does you attic have enough insulation?

Leaks are a problem, but an even bigger issue is homes that are improperly insulated.  With proper insulation, the Department of Energy claims that you can save 10 to 50 percent on your next heating bill. EnergyStar has created a quick and helpful guide for determining if you have enough insulation, how much you should add and what type you need.

Am I taking advantages of state rebates, discounts and incentives?

Did you know that some states energy offices and utility may offer product rebates, discounts, or other financial incentives for insulation?  In Southern Indiana, a $250- $500 rebate is available for those that by making sure your attic is energy efficient with the proper insulation.  How much money can you receive from your state by installing proper insulation? Check out this database from Energy.gov.

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