Insulation Value & Energy Savings
Adding insulation is one of the most cost effective ways to save on energy costs. According to Natural Resources Canada (NRCan), a well-insulated and air-sealed home “sometimes pays for itself in less than a year and continues to payback for the life of the house.” Your savings potential depends on a number of variables, including the level of insulation before and after the upgrade, and the energy performance of the other building components in your roof, walls, and floors.
A home energy evaluation, like EnerGuide, will measure your home’s overall energy performance and indicate which renovations would save you the most on your energy bill, and show you how your home’s energy performance compares with other homes in your area. As a first step, the evaluation will help you prioritise and make informed decisions on which upgrades to invest in, or help you make a decision on which home to buy.
Why you should take action today
Now is the time to be thinking about energy savings. Most homes in Canada are leaking energy – and therefore money. These leaks can be plugged by adding insulation and air sealing, which will tame the skyrocketing costs that go along with them.[i]
Homes built in 2009 or earlier are significantly losing energy in their attics and basements. Almost 80% of attics in these older homes are under-insulated by at least R-20 (RSI 3.52), and about 85% of basements are under-insulated by at least R-5 (RSI 0.88).[ii]
Need more incentives to insulate?
It literally pays to invest in the energy efficiency of your home. There are a number of national, provincial or territorial, and local financial incentives and rebate programs available to homeowners who invest in energy efficiency improvements like insulation.
[i] Savings vary. Find out why in the seller’s fact sheet on R-values. Higher R-values mean greater insulating power.
[ii] Proskiw, G. (2016) Defining Opportunities for Upgrading Under-Insulated Houses in the Existing Canadian Housing Stock