Cost Effective Energy Upgrades
July 2nd, 2014 by Tevis Propane
Propane: Most Cost-Effective Energy Upgrades
With rising energy costs across all markets, many homeowners are looking for ways to cut back on their energy bills. Propane can help. A study from Maryland-based Newport Partners LLC lists the most cost-effective energy upgrades. Propane plays a vital role in several.
According to the study, “a consistent performer across all climates was a high-efficiency propane furnace in lieu of a standard propane furnace.” The study evaluated other various upgrades and ranked them based on their economic payback
Across the five regions studied, air sealing had the best payback of them all. “A 30 percent reduction in air infiltration could be realized through typical air-sealing efforts.”
Coming in second across all regions, attic insulation pays for itself in three to five years.
Propane Fireplace Inserts
Economically attractive in the colder climates, payback was achieved in six to seven years. Not to mention the style factor it brings into the home!
Propane Clothes Dryer
A propane clothes dryer can really save in the long run, achieving payback in four to six years in colder climates.
Combining a high-efficiency heat pump with a high-efficiency propane furnace will greatly reduce your yearly energy costs. The heat pump is used until temperatures get too cold for it to be efficient; then the propane furnace takes its turn. The study showed that in all climates, the payback was achieved in four to six years. A high-efficiency propane furnace also cuts down on the CO2 emissions by over three metric tons.
A tankless propane water heater can certainly benefit homeowners in the Northeast. These water heaters can pay for themselves in five years, last longer, and produce hot water at almost triple the hourly rate of an electric tank.
Via Jeffrey Lee, Build with Propane.
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