Energy Efficiency Is No Joke — Upgrade To Save More Than Just Money
It’s no secret that April 1 is synonymous with April Fools’ — a day known for pulling pranks and tricking others. However, the first day of April also represents the start of a month-long campaign leading up to Earth Day. April, celebrated as Earth Month, is often utilized to raise awareness for topics including climate change, conservation, and the health of our planet as a whole.
While you might get away with the jokes you have planned for today, energy efficiency, on the other hand, is no joke.
Especially following the 2023 winter season, as home energy bills rose to 10-year highs, energy efficiency has become a prevalent need, and also a solution, to lower energy use as well as consumers’ monthly expenses.
The team at the National Energy Improvement Fund (NEIF) helps to make this a reality across the nation. To date, NEIF has funded more than $131 million in projects that support energy efficiency measures.
NEIF currently holds 40 state, utility, and program partnerships that qualify upgrades improving the efficiency, comfort, and health of buildings and homes. So long as work is performed through its network of over 1,300 Approved Contractors, NEIF’s fixed, low monthly payment financing is accessible — and more affordable — for residential and commercial use.
For those opting to upgrade the efficiency of their homes and/or businesses, the benefits that present are twofold; your wallet and the planet will both thank you.
The average household can reduce monthly utility bills by 25% with the appropriate energy efficiency measures, according to the U.S. Department of Energy. Using this statistic, savings for homeowners equate to more than $2,000 annually.
For businesses, ENERGY STAR reports that energy efficiency remains as the most effective method for reducing energy use. Upgrades to a facility’s technology, comfort, and overall operations can save the average commercial property up to 30%.
On a much larger scale, energy efficiency reduces greenhouse gas emissions. While renewable energy sources benefit the environment, too, being mindful of energy use is generally cheaper and produces more immediate results.
Learn more about the opportunities NEIF provides for energy efficiency financing here, or consult with an NEIF-Approved Contractor today!
Sources: ENERGY STAR, Environmental and Energy Study Institute, U.S. Department of Energy, USA Today
