September 26, 2023 | Miles Brucker

How Weatherizing Your Home Saves You Money


Weatherizing Your Home for Winter

cash and man split image

Winterizing your home is not just about comfort and staying warm during the frosty months; it's fundamentally a strategy for substantial cost savings. 

Every draft avoided and every drop of heat preserved means less energy consumed and, consequently, a lower utility bill every month. It’s an investment where the returns are immediate, visible in the reduced financial strain, and essential for those wanting to optimize their monthly expenses. 

This article will guide you through detailed steps to weatherize your home efficiently, discussing the estimated savings and essential products for each task to ensure your home is snug and your wallet is happy as the snow begins to fall.

Inspect and Upgrade Insulation

Home InsulationTomasz Zajda, Adobe Stock

Proper insulation is crucial to keep the cold air out and the warm air in. Inspect the attic, walls, and floors adjacent to unheated spaces and add insulation where needed.

Suggestion: Use fiberglass or foam board insulation for added protection.

Estimated Savings: Up to $600 annually.

Seal Gaps and Cracks

Sealing windowsavrezn, Adobe Stock

Sealing gaps and cracks is critical in reducing cold drafts. Focus on doors, windows, and places where pipes and wires enter the house.

Suggestion: Use weatherstripping around doors and windows, and seal gaps with caulk or expandable foam.

Estimated Savings: Up to $200 annually.

Install Storm Doors and Windows

Storm doorBrad, Adobe Stock

Storm doors and windows add an extra layer of protection and can reduce energy loss by up to 45%.

Suggestion: Replace regular windows with storm windows.

Estimated Savings: Up to $350 annually.

Use Window Insulation Kits

Window insultation plasticHome Depot

Window insulation kits are a cost-effective way to reduce heat loss through windows.

Suggestion: Apply plastic shrink film to the inside of the window frame using double-sided tape. Use a hair dryer to remove wrinkles and create a tight seal.

Estimated Savings: Around $50 annually.

Adjust Door Thresholds

Brown front door Dniel, Adobe Stock

If you can see daylight under your front door, then you're losing the indoor air you've paid to heat.

Suggestion: Turn the screws counterclockwise to lift the threshold until daylight is mostly gone.

Estimated Savings: Around $50 annually.

Tune-Up Your Heating System

Filter for furnaceoasisamuel, Adobe Stock

A tuned-up heating system works more efficiently and saves on heating costs.

Suggestion: Replace the furnace filter, and schedule a professional maintenance check-up.

Estimated Savings: Up to $100 annually.

Reverse Your Ceiling Fans

People messed upUnsplash

Running fans in the reverse (clockwise) direction at a low speed will recirculate warm air from the ceiling.

Suggestion: Locate the reverse switch on your fan and flip it when the fan is off.

Estimated Savings: Around $15 annually.

Install a Programmable Thermostat

Office Drama factsPikrepo

A programmable thermostat can save up to $180 per year in energy costs.

Suggestion: Install the thermostat away from heating or cooling vents. Program it to lower the temperature when you’re away or asleep.

Estimated Savings: Up to $180 annually.

Protect Your Pipes

Insulated pipes in a houseSergej, Adobe Stock

Insulating pipes prevent them from freezing and helps save on hot water heating costs.

Suggestion: Insulate hot and cold water pipes in unheated areas.

Estimated Savings: Up to $50 annually.

Clean Gutters

Remove leaves from gutterstriocean, Adobe Stock

Clean gutters prevent ice dams from forming, which can lead to leaks inside the house.

Suggestion: Remove leaves and debris from the gutters.

Estimated Savings: Avoidance of major repair costs, possibly saving thousands of dollars.

Final Thoughts

House with snow in the winterStuart Monk, Adobe Stock

Weatherizing your home before winter is an essential step in saving energy and ensuring your home’s comfort and safety.

Following these detailed steps will help you prepare your home efficiently, reducing heating costs and avoiding unnecessary repairs during the cold months.

Total Estimated Savings: $1,595 annually


READ MORE

Power Internal

The Most Powerful People In The World

Power can manifest through political, financial, or societal influence. Leaders make decisions impacting countries. Business owners manage assets, shaping sectors. Influential figures impact millions with ideas, trends, and movements. Here are some of the most powerful people in the world today.
July 5, 2024 Eul Basa
Weirdhabits Internal

The Weirdest Habits Of Successful People

Throughout history, these exceptional individuals were known for their eccentric habits that they believed contributed to their success. From unconventional routines to odd quirks, these famous figures prove that sometimes embracing your weird is the key to success.
June 20, 2024 Eul Basa
Wpthumb

Things Only Wealthy People Know Exist

There are a million things that money can buy—and a lot of them are things that most people don't even realize are an option. Here's a glimpse into the secret world that only the richest of the rich have access to.
May 21, 2024 Jamie Hayes
Homestead Budget Internal

How to Start a Homestead On A Budget

Uncover 10 steps to starting your homestead on a budget. Find out how you can get supplies, plants, and even animals basically for free, and how to maintain it all for next to nothing.
May 17, 2024 Allison Robertson
Jobs2024 Internal

The Highest Paying Jobs You Can Get Without A Degree

Having higher education is often associated with higher-paying job prospects, but that isn't always the case. Some jobs don't need you to have a degree to make a decent living—all you need is a high school diploma or equivalent.
May 14, 2024 Eul Basa
Pbthumb

20 Billionaires Who Actually Started Off Poor

Most of the world's wealthiest people were born pretty darn wealthy to begin with. But the American Dream can come true—just ask any of these true self-made billionaires.
May 11, 2024 Jamie Hayes



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team