How Will Replacing My Home Windows Affect My Energy Bills?

If you’re a homeowner with a high mortgage and a staggeringly expensive energy bill, it’s not uncommon to want to seek out ways to save on cooling and heating through the year. For a lot of families, replacing windows or buying brand new windows is the obvious way to cut bills in half over the course of the year. However, a standard window repair job can end up being pretty expensive upfront, especially if you go with a high-quality company like renewal by andersen. If you’re trying to cut costs and want to get the skinny on window repair, here are a few things you can count on after the job is done.

Your Yearly Costs Will Go Down

No matter how much you decide to splurge on an all-out window repair job, one thing is certain: Your energy bill will go down. The question is, how much? While Energy Star put out a 2009 estimate that homeowners switching to energy-efficient windows can save somewhere around $27 a year, this seems like a cautious figure. In general, the more efficient your model is, the more money you’re likely to save. The same survey showed that double-paned windows with low E-coating and high R-value boosted yearly savings to about $111. If you’re diligent about weatherproofing and work to keep your newly repaired windows in great shape, there’s no reason you shouldn’t see your savings rise. However, if you’re repairing home windows that are single-paned or otherwise energy inefficient, there may only be so much that can be done to help your case. Your windows will certainly perform at a higher level, but you’ll need to insert another panel in for insulation in order to get the most bang for your buck.

You Can Apply for Tax Credit

One quite important but little-known fact about window repair is that you can actually apply for federal aid when tax time rolls around for newly replaced or repaired windows. You don’t even need to have every window in your home treated to be eligible. Because the cost of full replacement tends to be a big investment for the average homeowner, the government is willing to step in in the interest of lowering the country’s overall carbon footprint. The general rule is that you’ll be reimbursed for 10% of the final cost of repair, up to $200. Even if this doesn’t seem like much of a break, combine it with your savings on your energy bill and you’re looking at over $300 in savings. That can be enough to knock out the cost of one or two windows, depending on your contractor. Your newly-repaired windows will help you keep a more balanced, controlled home environment, which will add to more financial benefits. Once you start having to use your central heating and cooling systems less, the savings will add up even more.

Double Paned Windows Will Save You the Most Money

As we’ve said before, single-pane or single-paneled windows are largely a thing of the past, and with good reason: They have little to no insulation value, and the current models are so old they’re well past the usual 20-year window lifespan mark. Double-paned windows come with a special insulated core that works hard to keep your windows blocking out leaks and cold air. If you’re someone who doesn’t like to turn on the heating or the AC unless it’s absolutely necessary, choosing to switch to double-paned windows will help you create a much more easily temperature-controlled environment in your home without having to subject your family members to uncomfortable cold or heat. If you’re really looking to get the most out of your repair job, ask about triple-paned windows for an extra layer of protection and insulation.

You’ll Still Need to Weatherproof

It doesn’t matter how great your repair job was or how new and sparkly your new windows look. While they’ll now have a far better ability to protect your home during a storm or a heat wave, you’ll still need to do your due diligence by weatherproofing and weatherstripping each window before the harsh weather hits. Think of your windows as a long-term investment. The better you take care of them the better they’ll protect you, keeping your home safe from wear and tear and hiking up your home’s resale value at the same time. When it comes to figuring out the best way to caulk, weather-strip, and further insulate your newly-repaired windows, ask your contractors for a few tips.