If you like saving money and saving the environment, then going green may be the way for you. Going “green” is when you make your home more energy-efficient and environmentally-friendly through certain modifications and additions to your home. You will be able to reduce waste of resources, reduce greenhouse gas emissions, and more. While it may sound expensive and time-consuming, you will easily save money in the long run.
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Have you considered these factors when applying for a mortgage? You should.
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Start Saving Money Now
Once you make a large investment, the first thing you want to know is: How do I make my money back? Going green will help you save on energy bills with lower monthly utilities and water bills. You can save more than 20% on water usage in your bathroom, where most water is used. Your toilet flushes will use less than 1.3 gallons per flush, and your shower will save you nearly 1 gallon of water per minute.
Don’t forget that going green also offers many incentives. This includes grants, property tax incentives, utility rebates, and more. You can learn more about these different incentives by checking out the DSIRE online database and choosing your zip code.
Clean Up Your Air
Did you know that indoor air can be 2 to 10 times more polluted than outdoor air? That thought alone should make you think twice about updating your home to become cleaner and more energy-efficient. This also eliminates the exposure to radon and airborne mold and bacteria. You will rest easier at night knowing the air you breath is safe and clean.
Start Green
If you are going to build a new home, the obvious thing to do would be to just start green. On average, according to the USGBC, building a green home only costs 2.4% more than an average home. Mix that with the amount of savings on your energy bills, and you can see you will be able to recoup the cost in no time. Also, green homes sell on average for 3.5% more than your average home. You can make your money back in no time.
Make the Investment Today to See Savings Tomorrow
Whether you are fixing your current home or building a new green home, be sure to contact Mercer Savings Bank for investment guidance, questions, and needs. We are happy to help in any way that we can! Give us a call at 877.672.4543 to speak with a mortgage loan officer, fill out our online mortgage application or visit a Mercer Savings Bank location near you today!