The most significant way in which one saves money in a green home is through a reduction in the use of electricity and water. Rainwater is a free resource once harvested and solar energy is a free source of electricity, once harnessed.
Minimal water and electricity are needed, in any case, by using insulation, under floor hydronics and a water-wise garden.
Green homes are also low maintenance. Examples of areas in which there are cost-savings, are with the use of naturally-coloured roof tiles, aluminum railings and bamboo counter-tops. Bamboo and aluminum are durable materials and aluminum doesn’t rust easily. Naturally-coloured roof tiles won’t fade and don’t need to be painted.
The biggest return on investment is gained when the home is resold. …
Using harvested rainwater can make a major dent in the water bill. And when using insulation features, electricity usage is reduced to a large extent.
Hot water insulation reduces geyser/heat-pump costs. And room insulation maintains the room temperature. A radiant heating and cooling system throughout the floor of the home makes temperature control cheap.
All these savings result in a reduction in living costs and eventually, a great return on investment. Within about ten years or less, the extra amount that we paid for the green home is retrieved with these savings. We also gain a profit when we sell such a home.
To add to this, green homes have a low impact on the environment, making them even more valuable.…
Green home prices may be higher than that of other houses on the market – however, there is a great return on investment.
Our water bill is reduced by up to 60% when rainwater harvesting is implemented. (Rainwater is used for washing machines, gardens and toilet flushing.)
Insulation of the home reduces the electricity bill. Room insulation maintains room temperature and pipe insulation reduces the need to heat up water.
And using hydronics radiant heating and cooling makes temperature control inexpensive.
With all the above savings added up, there is a great reduction in monthly living costs, and this will give a return on investment. Within ten years or less, the extra that is paid for the home is recouped in this way.…
When owning an eco-friendly home we’ll command a premium when the time comes to sell. Investing in a green home will not only save money while living in it, it will increase in value with each years. Future buyers will be better educated about the benefits of greener living and actively seek out homes that already have green features. Even seek out purpose built eco-friendly homes. And with the added benefits of smart home technology, the value increases even further. Buyers will come to expect eco-friendly homes combined with smart home technology.
What is smart home technology?
Smart home technology refers to the use of computers to manage functions and features of a green home such as the electricity consumption, heating, cooling and the water usage.…