$155k in Savings
Monday April 2, 2007 // Share on Facebook
I’m excited.
I met with a company today to do some work on the house. Then I ran some figures, and, based on the past 2 years, I may save up to $155,886.60 over the next 30 years. That’s based on some estimates, including electric will go up 10.6965% annually, and natural gas will go up 8.50% annually (that’s based on my previous 2 years bills). I should get my entire investment back in 13 years.
If I take out the CFL lights, since I already did that improvement, and cut the utility increases in HALF, I’ll still save nearly $25,000 in 30 years, but it’ll take 20 years to break even.
Now, I just have to see if NY State will work with me for a low-interest loan and various tax breaks for the upgrades I’m looking to do. Either way, I’ll update the site soon on these exciting events.
The bad news from this visit was that my boiler, while running, should give off only up to 25 ppm of Carbon Monoxide - mine topped out at about 1,100 - over 40 times the acceptable value. Luckily, that’s all going up the chimney, but I’m still having it corrected.
This entry was posted on Monday, April 2nd, 2007 at 7:59 pm and is filed under Energy, Family, Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
