Building a home with sustainable features isn’t just environmentally friendly; it’s also a smart way to save money. Here, we outline some features you can add to your home to make it more energy efficient and economical.
View the accessible text version of the infographic below or download the PDF version.
Start with what nature gives you for free
- Harvest the skies. Collecting and using rainwater can lead to a healthy drop in your water bills.1
- Sun worship. A 2kW system costs around $5000 to install and cuts 30 percent from your power bill, saving around $150 each quarter on a $500 bill. It would take you something like 8 years (34 quarters) to pay off the installation, but it's free.2
- Plants, not machinery. They look beautiful and purify the air by converting carbon dioxide into delicious free oxygen. Plus you can put edibles in and supply delicious things for dinner - you've got to love that.3
Build green savings into the house itself
- Wear white. In sunny climates like ours, buildings with white roofs need up to 40% less energy for cooling than those with black ones, saving heaps on your cooling costs.4
- Pad up. Insulate your roof and walls to save money to lower costs and keep your winter warm.5
- Seal the leaks. Air leaks account for 15-25% of your houses winter heat loss. Having seals around all your windows is one of the simplest ways to reduce power bills.6
Get economy out of your electricity use
- Be efficiency LED. LEDs consume a fraction of the energy of normal bulbs and have a much longer lifespan, so you save money on energy bills and replacement costs. Slam dunk.7
- Kill the vampires. Vampire Power is the name for energy that is used by almost all your appliances when they're in 'Stand By', which can be up to 10-20% of a household's electricity bill. So it's a great place to start looking for savings.8
- Follow the starts. Take a good look at 'The Energy Star® Label' before you buy your next appliance. The more stars, the less it costs to run and less stress on that thing we walk on.9
Thinking about making some green choices or improvements to your home? Consider applying for a personal loan online and get the smaller projects underway!
You can also refinance your current home loan to help fund the larger renovation projects. Try our home loan borrowing power tool and find out how much you can possibly borrow.
1. ABS: Environmental Issues, March 2010 Report
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This article provides you with factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser. Neither Pepper nor its related bodies, nor their directors, employees or agents accept any responsibility for loss or liability which may arise from accessing or reliance on any of the information contained in this article. For information about whether a Pepper loan may be suitable for you, call Pepper on 13 73 77 or speak to an accredited Pepper Money broker.
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