We hear the phrase all the time: Green updates pay for themselves down the line. When you really sit down and do the math, how long is “down the line”? Green home improvements can be costly to implement, and it’s important to understand the financial payoff of solar panels or new windows on your property.
Make knowledgeable decisions when it comes to deciding where to spend your home improvement budget. Being aware of the dollars and cents behind eco-friendly updates will ensure you’ll get the most bang for your buck when it comes to returns on home value and monthly energy savings. Calculating the math can be dry, but here’s an infographic from solar consulting service One Block Off the Grid that presents the numbers in an easy-to-understand breakdown: how much you’ll save each year, the 20-year savings of the upgrade, the payback time, and added cost.
Note: The numbers will differ in your area depending on the vendors, service, and tax incentives. Click on the image for a closer look.
via Real Estate and Rental Marketing Blog for Professionals – Zillow Pro Blog http://www.zillowblog.com/pro/2013-05-08/infographic-best-value-green-home-improvements/