Read our contribution along with that of many other experts on some simple ways Canadians can "reset on their finances". Being the energy efficiency focused folks that we are, we took the opportunity to talk about expenditures related to household energy consumption!
So... How can an energy-efficiency focus help reduce your monthly expenditure?
The greatest impact on a homeowner’s monthly expenditure comes when the house itself is constructed using cost-effective, energy-efficient assemblies and details, and accounting for the local climate and site. High-performance homes that are built or renovated to exceed the basic code requirements might cost a bit more up front, but they offer homeowners significant savings over the long term. They use less energy for heating and cooling, which results in dramatically lower power bills and because they use less energy, they require fewer solar panels to achieve Net Zero, saving on the cost of equipment and installation. A highly efficient house is also more durable. By limiting air leaks and exposure to moisture, they can lower the risk of mold and mildew, rot, and structural failure which are huge potential financial pitfalls for homeowners. Naryn Davar-Timbre, Partner and Director of Business Development at Passive Design Solutions.