Sustainability Spotlight - December 2023 - Three Ways to Green Your Home in 2024

Investing in energy-efficient updates for your home isn't just a trend — it's a strategic move with many benefits. Here are the top 3 reasons driving home energy efficiency updates today:

Cost Savings: Upgrading to energy-efficient appliances, lighting and insulation can lead to lower utility bills. These updates may require an initial investment, but the long-term savings make it a financially savvy decision. Over time, the reduced energy consumption pays dividends, contributing to a more sustainable and budget-friendly lifestyle. Today, Wheat Ridge residents can take advantage of Xcel rebates and tax credits offered through the Inflation Reduction Act. In 2024, experts predict tax rebates will be available to consumers, making it even more affordable to update your home in a smart, efficient way!
Environmental Impact: Traditional energy sources often result in harmful emissions and environmental degradation. By opting for energy-efficient updates, you're actively reducing your carbon footprint through decreasing dependence on fossil fuels, lowering greenhouse gas emissions and mitigating climate change. From energy-efficient HVAC systems to solar panel arrays on your roof, each choice contributes to a cleaner, more sustainable planet. It's a small step that collectively makes a big difference.
Health and Comfort: Did you know that living with a gas stove is akin to living with a smoker? One way to combat health risks associated with energy that uses fossil fuels is to electrify your home. Not only will you create a healthier environment to live in, you’ll also be more comfortable. Better insulation and energy-efficient windows can regulate indoor temperatures, creating a more pleasant living space year-round. Smart thermostats and lighting systems offer convenience and control, adapting to your preferences while optimizing energy use.

Many resources are available to offset the cost of making these updates to your Wheat Ridge home, here are some to consider:

Rewiring America Inflation Reduction Act Savings Calculator: find out how much money you can save based on your zip code, tax filing status, household income and more https://www.rewiringamerica.org/app/ira-calculator
Rewiring America Electrification Checklist: https://www.rewiringamerica.org/electrify-home-guide
EnergyStar - search by zip code to see eligible credits and rebates in your area: https://www.energystar.gov/rebate-finder
IRS - list of credits and deductions under the Inflation Reduction Act of 2022: https://www.irs.gov/credits-and-deductions-under-the-inflation-reduction-act-of-2022
Colorado Energy Office - tax credits and incentives: https://energyoffice.colorado.gov/federal-funding-incentives/inflation-reduction-act-tax-credits-incentives
Colorado Energy Office - weatherization assistance: https://energyoffice.colorado.gov/weatherization-assistance-program
Energy Smart Colorado - tax Credits and Incentives for Colorado: https://energysmartcolorado.org/tax-credits-incentives/
Energy Efficiency Home Loan Programs: https://cocleanenergyfund.com/products/residential-products/renu/ and https://www.energy.gov/energysaver/energy-efficient-mortgages