Renovating for energy efficiency is one of the smartest things you can do as a homeowner. Not only will it save you money on your monthly utility bills, but it can also increase the value of your home.

1. Start with an energy audit. Before you start any renovations, it’s important to understand how your home is using energy. An energy audit will identify areas of your home that are wasting energy and give you a roadmap for making improvements.
2. Focus on insulation. Insulation is one of the most important components of an energy-efficient home. Make sure your attic and walls are well insulated to prevent heat loss in the winter and keep your home cool in the summer.
3. Upgrade your windows. Old, drafty windows can be a major source of energy loss in a home. Upgrading to energy-efficient windows can help keep your home comfortable year-round and reduce your energy bills.
4. Choose energy-efficient appliances. When it’s time to replace your appliances, opt for models that are ENERGY STAR certified. These appliances use less energy than standard models, which can add up to big savings over time.
5. Consider renewable energy sources. If you’re looking to take your energy efficiency to the next level, consider installing solar panels or a geothermal system. These renewable energy sources can help you generate your own electricity and reduce your dependence on the grid.

6. Seal air leaks. Air leaks are a common problem in older homes, and they can lead to significant energy loss. To address this issue, make sure to seal any gaps or cracks around windows, doors, and other areas where air can escape.
7. Upgrade your lighting. Lighting can account for a significant portion of your energy bill, but there are ways to reduce your energy consumption without sacrificing comfort or style. Consider installing LED lights, which use less energy and last longer than traditional bulbs.
8. Use smart technology. Smart thermostats, lighting controls, and other devices can help you save energy by automatically adjusting settings based on your habits and preferences. These devices can also be controlled remotely, so you can make adjustments from anywhere.
9. Work with a reputable contractor. When it comes to energy-efficient renovations, it’s important to work with a contractor who has experience in this area. Look for a contractor who is knowledgeable about energy-efficient products and techniques, and who can provide references from satisfied customers.

Renovating for energy efficiency doesn’t have to be expensive or complicated. By taking these steps, you can save money on your energy bills, increase the value of your home, and do your part to protect the environment. Renovating for energy efficiency is a smart investment that can pay off in many ways. By taking steps to improve your home’s energy performance, you can save money on your utility bills, increase your home’s value, and contribute to a more sustainable future. With the right approach and the help of a qualified contractor, you can achieve your energy efficiency goals and enjoy the benefits for years to come.

For more information on refinancing your mortgage and renovation mortgages call 416-012-6200