Whether it seems like it is time to replace your windows or not, it is beneficial to look into window replacement for your home or business. There are a myriad of reasons to upgrade, including the design, the ease of operation, or even the presence of dangerous chemicals like lead paint in very old windows. However, the reason to install windows that will actually save you money in the long run is the increase in the energy efficiency of the replacement windows and how often you have to replace them.
In regards to the average cost of older windows that are not energy efficient, older windows are drafty and let air escape, which can increase your energy bill by 10% to 25%. The investment to install windows can save money in the long run. In fact, according to the National Association of Realtors, the replacement of windows can produce a return of 80% in that investment for the future.
To install windows that are specifically going to benefit the replacement investment in your home or business, it is best to buy dual-pane windows. These types of windows are about two times as effective at containing the heat or air conditioning that is being utilized in your space.
This is relevant for both residential and commercial windows. Whether improving your home or business, there is additional savings related to the improvement of the energy efficiency in energy star tax credits. For home or business, energy efficiency improvements, you may be able to qualify for a tax credit of 10% of the investment to install windows. Usually, a window company can help with the purchase of specific windows that qualify for this tax credit. Ideally, the employees can help you read the numbers that are associated with the energy efficiency of your windows.
Not only are there savings that you will see immediately but the investment of high-quality windows that improve the energy efficiency and are properly maintained can last 20 years or more. This requires you to install windows less frequently than you may have to with windows of poor quality that are not preserved well, therefore drawing out instances of spending your time and money to replace your windows.
While new windows are a significant upfront investment, in general, there are savings in the long run in the heating or cooling bills of your home or business, in the federal tax credits allotted to those that are updating their spaces, and in the frequency of this purchase.
