Choosing to live a more eco-friendly lifestyle can provide benefits beyond protecting the environment. Here are four reasons to go green at home.
Depending on where you live, you may be eligible for tax credits and product rebates if you make use of renewable energy.
- Save Money. Lower electric and gas bills are one of the biggest benefits of upgrading the energy efficiency in your home. According to the U.S. Department of Energy, the typical U.S. household spends at least $2,200 per year on home utility bills, so making green updates could potentially save you hundreds of dollars a year.
- Improve Comfort. In most cases, energy efficiency and home comfort go hand-in-hand. Whether it's caulking and weather stripping to insulate your home or replacing your air filters to allow your air-conditioning system to run more efficiently, you and your family will enjoy the year-round comfort of fewer temperature variations.
- Raising Value. A home equipped with energy-efficient products and features is highly desirable among today's homebuyers, and rightly so. Freddie Mac research found that homes with high energy-efficiency ratings sold for 2.7% more on average than unrated homes.
- Conserve Resources. You can feel good about living in an energy-efficient home knowing that you are doing your part to reduce your carbon footprint and greenhouse gas emissions. Using renewable or recyclable materials and making sustainable choices has a positive environmental impact, which is a big win for the whole planet.
Eco-friendly home upgrades can add up to big benefits, whether you make them incrementally over time or through a large-scale renovation. If you decide on the latter, you may consider financing your energy-saving improvements with Freddie Mac's GreenCHOICE Mortgages®.
Talk with your lender today about loan programs designed to help finance your energy conservation home improvements. You have options.
To learn more about buying, owning and selling a home, visit My Home by Freddie Mac®.