Energy efficiency has been called “The Greatest Energy Story You Haven’t Heard” and an “Invisible Resource” because, despite the fact that you can’t “See” efficiency like you can see a power plant, it’s a huge part of the clean energy revolution. While this “Invisible Resource” can be deployed in every sector of the economy, residential buildings often present huge untapped opportunities to lower energy consumption, save money, and improve health and comfort through energy efficiency improvements.
What’s So Great About Efficiency?
One of the primary motivators for home energy efficiency investments is cost savings. ACEEE estimates that energy efficiency programs are already saving the average household $460 per year on electricity alone, which adds up to about $90 billion annually nationwide.
The Department of Energy estimates that the average existing home could cut total energy use by 30-40% simply by making efficiency-smart investments in the course of making everyday home improvements. In addition to saving money every month, these kinds of improvements can add significant value to your home, making energy efficiency a great investment in the short term as well as the long term.
There’s also a growing body of evidence showing that efficiency investments are good for your health too. And having a smart thermostat that can automatically adjust your heating and cooling systems to your preferences adds convenience to the list of efficiency benefits.
Where to Look for Savings
Your opportunity for efficiency upgrades, will vary depending on many factors, however, a high percentage of the energy used in a typical home goes to heating and cooling, which means that improvements to insulation, drafty doors and windows, and other simple home upgrades can make a big difference in your energy bill.
Home Energy Improvements With Mosaic
Energy efficiency is one of the easiest and most important ways you can get involved in the clean energy transition while saving money and improving your health and comfort. Mosaic has been at the forefront, providing the financing to make clean energy more affordable and accessible for everyday Americans, and we’re excited to start doing the same for residential energy efficiency. Check out the articles below to see how you can take advantage.