Replacing your old windows with new energy efficient windows is supposed to save you money. But the up front cost is pretty significant. You may have heard that replacement windows pay for themselves in energy savings, meaning that what you save on heating and cooling costs is enough to cover the cost of the new windows.
Is this really true? Do replacement windows pay for themselves? Here’s what you need to know about the cost and savings associated with residential window replacement.
Replacement Windows Can Pay For Themselves
It is possible that replacement windows can pay for themselves, but there are a few key details that are necessary for that to be true.
- Price of the new windows. For new windows to have a chance of paying for themselves, they can’t be too expensive to start with. If you get a quote from a window installer that is too high, you may lose money on the deal rather than saving money. However, if the windows are too inexpensive they may be poor quality, which pertains to the next point.
- Quality of the new windows. In order for windows to pay for themselves in energy savings, they must be good quality. High quality windows will have a good efficiency rating, meaning they allow minimal heat to transfer through them. Low quality windows are not as well insulated, which means you won’t save as much money on your energy bills.
- Quality and condition of the old windows. For new windows to pay for themselves in energy savings, your old windows must have been the biggest cause of energy loss in your home. If your windows were not the reason your energy bills have been high, then replacing them won’t save you money. Consider having an energy audit done on your home to determine where you may be losing energy before purchasing new windows. You may need new insulation in your home as well as new windows to optimize your energy savings.
- Tax incentives. Another way new windows can save you money and help pay for themselves is through tax incentives. If you upgrade to energy efficient new windows this year you may be eligible for a tax credit of up to $500. It may help to talk to your tax advisor about how to take advantage of this offer.
- Time is a factor. It is important to take time into consideration when it comes to the cost and savings of window replacement. Windows won’t pay for themselves instantly or even in the first year. But over a few years if you add up the difference in your energy bills from before your new windows and compare it to the bills you’ve received since your new windows were installed, that amount may be comparable to the upfront cost of the windows.
- Value of your home. Another way that new windows can pay for themselves is in the value of your home. New windows add curb appeal and an incentive to potential buyers. If you sell your home within a few years of upgrading your windows, you may recoup the cost in resale value.
How Replacement Windows From Zen Windows Pay for Themselves
Do replacement windows pay for themselves? Not all windows. But Zen Windows do. You need high quality, energy efficient windows at a reasonable price to make the upgrade worthwhile. Zen Windows makes it our mission to provide top quality windows at affordable prices that are less than the competition. Quality Zen Windows help you reduce your heating and cooling costs at a price that allows you to recoup the upfront cost faster.