The wide range of energy efficient products is growing rapidly every day. Nearly every appliance in your home can be upgraded to be more energy efficient, which oftentimes is not only helpful in lowering your carbon footprint but also in lowering your monthly bills.
However, the upfront costs of installing green appliances can sometimes be fairly steep. In order to lessen some of the cost, try installing energy efficient upgrades yourself rather than hiring a professional. While it is smart to hire a professional in some cases, try installing the following four upgrades yourself and make your home even more energy efficient at a fraction of the price.
Insulate Your Water Heater
If you own a home, you have most likely thought about making sure your walls and roof are insulated. You don’t want your hard earned money escaping due to a lack of insulation. However, if you are like most people you haven’t given a second thought to insulating your hot water tank. If you have a newer tank chances are you don’t need to worry about this.
However, if your tank is older or you’ve recently purchased your house, you want to make sure that you have at least an R-value of 24 insulating your water tank. Not sure how to determine your R-value? According to the Department of Energy, just touch your water heater – if it’s warm, then it needs additional insulation.
If you find that your R-value is less, then adding insulation is your best bet. You can save between 7% and 16% on your heating costs by adding a water heater jacket or blanket. This simple upgrade, which should cost around $20, will yield a much higher return on investment in the long run. And better yet, it’s quick and easy to do! Follow these instructions:
- Shut off the water heater while you work.
- Cut the insulation blanket to the height of the water heater and wrap it around. (Make sure it isn’t covering the top)
- Mark and cut out the areas needed to allow you to reach the controls.
- Finish the installation and turn the water heater back on.
Insulate Your Hot Water Pipes
Everyone loves a nice, hot shower, but did you know that if your pipes aren’t insulated, your water is losing a significant amount of heat on its way from the water heater to your shower. By simply wrapping insulation around your hot water pipes you can increase the temperature of your water by 2° to 4°F. This allows you to actually lower your temperature control settings, as the water is staying hot by the time it gets to you.
The amount of money that you can save by doing this depends on how your house and piping system are laid out. Additionally, the type of fuel you use to heat the water and how much water you use will have an impact.
Installing insulation around the pipes is made incredibly simple by the use of insulation sleeves. Installation is as simple as measuring the length of the pipe, cutting the insulation and wrapping it around the pipe. You can use simple cable ties to secure it in place.
Seal Air Leaks with Caulk
One quick and easy way to make your house more insulated, which will ultimately allow you to reduce your heating costs and reduce your carbon footprint, is through sealing air leaks. Any air leaks that you have around your doors and windows will let the hot air out in the winter and cool air out in the summer. Luckily, this is an easy fix with a caulk gun. You just need to seal the areas around your doors and windows.
There are several options that you can use like aerosol cans and squeeze tubes. However, the most popular solution is a caulking gun and a standard tub of $2 caulk. If you want a specialty color it will cost you slightly more.
To seal any leaks, start off by cleaning the area thoroughly. Scrape off any old caulk or paint. Cut the tip of the caulk gun at a 45° angle and put it in the gun. Hold the gun at a 45° angle to the area you want to apply the caulk. Continue moving the tip of the gun around the door or window to apply a continuous line of caulk. To ensure that each crack and space is filled, use a damp finger, sponge or other object to make sure it has filled the cracks. You can use a damp rap to clean up any excess or mistakes.
Lower Water Heater Temperature
Turning down the temperature on your water heater is a good way to take advantage of energy efficient cost savings. The majority of water heaters are set to 140°F by the manufacturer but may only need to be set to 120°F. Lowering the temperature can help prevent scalding, reduce the speed at which mineral buildup and corrosion occur within the pipes, and save you money by reducing your energy usage.
Lowering the temperature setting will reduce the amount of standby loss that occurs, which is the heat you lose from the heater into the room that it is housed. If your temperature is set higher than it needs to be you could be throwing away around $31 to $61 each year. When you add in the amount that you save from consumption of water at a lower temperature you could save over $400.
The only reason you would want to consider keeping the temperature control set at 140°F is if you have a dishwasher without a booster heater. The appliance may need the higher temperature in order to reduce the risk of legionellae bacteria for individuals with suppressed immune systems or respiratory issues. Just note that when the heat is turned up this high it can cause scalding, so it is best to install mixing valves to lower the temperature to sinks and bathtubs.
The focus on going green is not a new concept. In fact, the millennial generation, even those who don’t own their own home, are highly invested in energy efficiency. As we continue to work on reducing our carbon footprint, it is important to do all that we can to make our homes more energy efficient.
Making your home more energy efficient does not always require a handyman. In fact, making these four energy efficient upgrades yourself is a great way to go green and stay within your budget. Going green does not always have to cost an arm and a leg, so start saving money and reducing your carbon footprint today.
7 New Technologies That Could Radically Change Our Energy Consumption
Most of our focus on technological development to lessen our environmental impact has been focused on cleaner, more efficient methods of generating electricity. The cost of solar energy production, for example, is slated to fall more than 75 percent between 2010 and 2020.
This is a massive step forward, and it’s good that engineers and researchers are working for even more advancements in this area. But what about technologies that reduce the amount of energy we demand in the first place?
Though it doesn’t get as much attention in the press, we’re making tremendous progress in this area, too.
New Technologies to Watch
These are some of the top emerging technologies that have the power to reduce our energy demands:
- Self-driving cars. Self-driving cars are still in development, but they’re already being hailed as potential ways to eliminate a number of problems on the road, including the epidemic of distracted driving ironically driven by other new technologies. However, even autonomous vehicle proponents often miss the tremendous energy savings that self-driving cars could have on the world. With a fleet of autonomous vehicles at our beck and call, consumers will spend less time driving themselves and more time carpooling, dramatically reducing overall fuel consumption once it’s fully adopted.
- Magnetocaloric tech. The magnetocaloric effect isn’t exactly new—it was actually discovered in 1881—but it’s only recently being studied and applied to commercial appliances. Essentially, this technology relies on changing magnetic fields to produce a cooling effect, which could be used in refrigerators and air conditioners to significantly reduce the amount of electricity required.
- New types of insulation. Insulation is the best asset we have to keep our homes thermoregulated; they keep cold or warm air in (depending on the season) and keep warm or cold air out (again, depending on the season). New insulation technology has the power to improve this efficiency many times over, decreasing our need for heating and cooling entirely. For example, some new automated sealing technologies can seal gaps between 0.5 inches wide and the width of a human hair.
- Better lights. Fluorescent bulbs were a dramatic improvement over incandescent bulbs, and LEDs were a dramatic improvement over fluorescent bulbs—but the improvements may not end there. Scientists are currently researching even better types of light bulbs, and more efficient applications of LEDs while they’re at it.
- Better heat pumps. Heat pumps are built to transfer heat from one location to another, and can be used to efficiently manage temperatures—keeping homes warm while requiring less energy expenditure. For example, some heat pumps are built for residential heating and cooling, while others are being used to make more efficient appliances, like dryers.
- The internet of things. The internet of things and “smart” devices is another development that can significantly reduce our energy demands. For example, “smart” windows may be able to respond dynamically to changing light conditions to heat or cool the house more efficiently, and “smart” refrigerators may be able to respond dynamically to new conditions. There are several reasons for this improvement. First, smart devices automate things, so it’s easier to control your energy consumption. Second, they track your consumption patterns, so it’s easier to conceptualize your impact. Third, they’re often designed with efficiency in mind from the beginning, reducing energy demands, even without the high-tech interfaces.
- Machine learning. Machine learning and artificial intelligence (AI) technologies have the power to improve almost every other item on this list. By studying consumer patterns and recommending new strategies, or automatically controlling certain features, machine learning algorithms have the power to fundamentally change how we use energy in our homes and businesses.
Making the Investment
All technologies need time, money, and consumer acceptance to be developed. Fortunately, a growing number of consumers are becoming enthusiastic about finding new ways to reduce their energy consumption and overall environmental impact. As long as we keep making the investment, our tools to create cleaner energy and demand less energy in the first place should have a massive positive effect on our environment—and even our daily lives.
Responsible Energy Investments Could Solve Retirement Funding Crisis
Retiring baby-boomers are facing a retirement cliff, at the same time as mother nature unleashes her fury with devastating storms tied to the impact of global warming. There could be a unique solution to the challenges associated with climate change – investments in clean energy from retirement funds.
Financial savings play a very important role in everyone’s life and one must start planning for it as soon as possible. It’s shocking how quickly seniors can burn through their nest egg – leaving many wondering, “How long your retirement savings will last?”
Let’s take a closer look at how seniors can take baby steps on the path to retiring with dignity, while helping to clean up our environment.
Tip #1: Focus & Determination
Like in other work, it is very important to focus and be determined. If retirement is around the corner, then make sure to start putting some money away for retirement. No one can ever achieve anything without dedication and focus – whether it’s saving the planet, or saving for retirement.
Tip #2: Minimize Spending
One of the most important things that you need to do is to minimize your expenditures. Reducing consumption is good for the planet too!
Tip #3: Visualize Your Goal
You can achieve more if you have a clearly defined goal in life. This about how your money can be used to better the planet – imagine cleaner air, water and a healthier environment to leave to your grandchildren.
Investing in Clean Energy
One of the hottest and most popular industries for investment today is the energy market – the trading of energy commodities. Clean energy commodities are traded alongside dirty energy supplies. You might be surprised to learn that clean energy is becoming much more competitive.
With green biz becoming more popular, it is quickly becoming a powerful tool for diversified retirement investing.
The Future of Green Biz
As far as the future is concerned, energy businesses are going to continue getting bigger and better. There are many leading energy companies in the market that already have very high stock prices, yet people are continuing to investing in them.
Green initiatives are impacting every industry. Go Green campaigns are a PR staple of every modern brand. For the energy-sector in the US, solar energy investments are considered to be the most accessible form of clean energy investment. Though investing in any energy business comes with some risks, the demand for energy isn’t going anywhere.
In conclusion, if you want to start saving for your retirement, then clean energy stocks and commodity trading are some of the best options for wallets and the planet. Investing in clean energy products, like solar power, is a more long-term investment. It’s quite stable and comes with a significant profit margin. And it’s amazing for the planet!