Energy Efficient Upgrades That Actually Pay Back

# Energy Efficient Upgrades That Actually Pay Back

Energy efficiency upgrades sound great in theory. But do they actually pay back? In Ottawas climate, some upgrades make excellent financial sense while others are feel-good purchases.

Attic insulation at R-60 recommended costs $1,500-$3,500 with annual savings of $200-$500. Payback is 3-7 years. Almost always worth it.

Air sealing costs $500-$2,000 with annual savings $150-$400. Payback is 2-5 years. Excellent investment.

Smart thermostat costs $100-$300 with annual savings $100-$200. Payback under 2 years. No-brainer.

High-efficiency furnace when replacing has premium of $500-$1,500 with annual savings $200-$400. Payback 2-5 years for the premium.

Window replacement costs $8,000-$20,000 with annual savings $200-$400. Payback 20-40 years. Do it for comfort, not financial payback.

Solar panels cost $15,000-$30,000 with annual savings $800-$1,500. Payback 15-25 years. Financial payback is borderline.

Government rebates can significantly improve payback. Research current rebates before starting any efficiency project.