Insulation is the product in the attic, walls and even floors of your home that form the barrier between the air inside your home and outside. Insulation prevents heat loss or gain. Good insulation will keep warm air inside your home in the winter. It will also keep cooler air in the home in the summer. When your home has good insulation, it is better able to keep you comfortable.
All homes have some attic insulation. However, not all insulation is at optimum level and sometimes, not even up to code. Some homes have insulation up to code near the entrance to the attic, but when checked carefully, have very little at farther-reaching corners. An inspection by an HVAC technician can give you a good idea of the condition of your insulation, particularly in your attic area.
Everyone wants to save money. Because heating and cooling account for about 50% of energy usage of your home, they also account for much of the cost. When you install insulation, your HVAC system does not have to work as hard to heat or cool your home. The insulation helps keep the comfortable air in place, rather than leaking out of the home. Insulation is a great energy saver for your home, and the materials even qualify for a tax credit of 10% of the cost, up to $500. This is a great investment to make your home more energy efficient and save money on your bills.
There are nine different types of insulation, all with their own benefits. Depending on the type of insulation you install and the area in which it is installed, new insulation can run between $500 and $2500. Having an HVAC professional give you an estimate will help you weigh your decision. Adding insulation has the potential to save you $500 per year or more in heating and cooling costs, however. So, even if it is an investment up front, you’d likely recover your costs within 1-3 years between energy bill savings and tax credit.
You can install insulation yourself. However, it tends to be a job that many DIY-loving homeowners underestimate. It takes time, the correct respiration equipment, and knowledge of the best insulation and density for your area. Insulation may end up not working as intended if the air spaces within the insulation are clogged, for example. This can be done by installing too much insulation.
Particularly if you plan to stay in your home for a few years, insulation cost is minimal compared to the savings benefit you gain.