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Mortgage Newsletter - April 2024

Thinking of Renovating? Here’s How to Make It Eco-Friendly

If you’re planning on making some improvements to your home, it’s beneficial to both yourself and the planet to make those improvements eco-friendly. As well as helping to reduce or even reverse your environmental impact, green home upgrades can save you money over both the short and long term, make your home more appealing to eco-conscious buyers and even increase its market value.

Here are a few ideas for environmentally friendly renovations to your house:


Make it a smart home.

Installing smart home features can make your home more energy-efficient and environmentally sustainable. Automatic thermostats, hot water regulators and lighting controls can limit the amount of energy you consume by ensuring you only use what you actually need as well as helping you to assess your overall energy usage and where it can be cut down.


Enhance your insulation.

Even if you recently installed a smart thermostat, energy conservation efforts can be completely futile if the house isn’t properly insulated. Heat can escape through cracks and gaps in badly sealed windows or doorways, so make sure that you have a full checkup on the state of your insulation.


Modernize your windows.

In tandem with insulation, outdated or poorly performing windows can significantly contribute to energy wastage within your home. Replacing outdated windows with energy-efficient alternatives serves a dual purpose, reducing both heating and cooling expenses as well as your carbon footprint.


Pick energy-efficient water fixtures.

Adopting faucets, showerheads and other water fixtures with a low rate of flow significantly contributes to a reduction in water usage without having to change any of your showering, bathing or hydrating habits. Although it may take a while to get used to it, it really helps with overall water conservation, leaving your home greener and your bills lower.

How to Lower Utility Bills without Overhauling Your Lifestyle

With many of us feeling the squeeze of a higher cost of living, you may be looking for a few ways to lower your utility bills that won’t involve a complete change of lifestyle. Fear not, we’ve got you covered. Here are just a few simple ideas to reduce your utility costs.

Switch your switches to dimmers. We don’t always need our lights on full brightness, so using a dimmer switch instead can help save on electricity by only using as much light as you need.

Fill your freezer. You may not expect this, but having a full freezer actually helps to insulate it, keeping your food cool while using less energy to do so.

Let food cool before refrigerating. If you’re saving leftovers from your dinner, putting them in the refrigerator while they’re still warm actually causes the fridge to have to work harder to cool them down. Let them cool first.

Unplug unused chargers. Did you know that many phone and laptop chargers continue to suck electricity even when your phone isn’t connected? Make sure to unplug any that you aren’t using.

Use solar night lights outdoors. Solar night lights spend the day soaking up the sun’s energy then turn on in the evening when it’s dark. It saves the need for any electricity or batteries and is totally green, helping the environment and your wallet.

Lower your hot water heater temperature. Do you really need the hot water to be totally boiling? You can turn the temperature down so that your water is only as warm as you need it to be.

Cold wash your laundry. Most laundry washes are just as thorough when washed cold. Switch your machine settings to cold washes rather than hot to save unnecessary extra spending on heating the water.

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This newsletter and any information contained herein are intended for general informational purposes only and should not be construed as legal, financial or medical advice. The publisher takes great efforts to ensure the accuracy of information contained in this newsletter. However, we will not be responsible at any time for any errors or omissions or any damages, howsoever caused, that result from its use. Seek competent professional advice and/or legal counsel with respect to any matter discussed or published in this newsletter.