Here is the content of the flyer distributed at the Peterborough Home Energy Expo followed by some references to back up the claims.
- Operational Savings
- Improved building envelope reduces costs due to heat loss
- Heat pumps use less energy (300% efficiency)
- Save gas connection fee ($300/year) if you can get completely off gas.
- Resale Factors
- Energy efficiency measures – reduced operating costs for energy are reflected in resale value
- Solar – roughly 4–5% higher resale value; for a $600,000 home, that’s $24,000 to $30,000
- Faster sale, eco-conscious buyer interest.
- Solar plus Battery
- Avoid future price fluctuations
- Avoid risks of outages
- Capture free electricity from the sun
- Buy electricity overnight (2.8¢ / kWh), use it during the day (28.4¢ / kWh)
- Improved Comfort
- Building envelope improvements reduce drafts, increase comfort
- Battery provides backup power in outages
- Health
- No methane or other gases in your home
- Electric Vehicles
- Operating cost reduced
- Assistance Programs
- Loans
- Better Homes Peterborough
- Better Homes Selwyn
- Rebates
- Canada Greener Homes Grant
- Ontario Save on Energy program
- Enbridge
- And more
- Loans
References:
The Peterborough Home Energy and EV Expo shows reasons to consider changing to electricity for home heating and cooling and transportation needs.
In general we can and should think about the cost of the home improvements as investments and not as operating expenses. From that perspective they have an ongoing value that is considered by buyers when the time comes to sell your property.
Here are some references that provide details of some of the points in the flyer distributed at the Expo:
- Report from Clean Air Alliance that shows details of the cost advantages of heat pumps.
- Report on the advantages of Energy Star Rated Homes including resale value.
- Article claiming that solar panels can add 3-4% to the resale value of your home.
- Article showing increased resale demand and prices for energy efficient homes.
- Better Homes Peterborough website shows how you can borrow to implement the changes you want.
- Article showing that “homes with energy efficient features can command a premium of 5% to 15% over similar properties without these features.”
- Ontario’s Save on Energy program offers incentives to save money and energy
- Canada Greener Homes Grant website.
Plus n Drive website shows you can save as much as $3,000 per year on fuel alone.