|Tax Credits||Energy Efficiency||Beautify A Home||Safety & Security||Reduce Drafts|
|Save on Heating||Resale Value||Natural Light||Weather & Climate||Reduce Noise||Purchase Satisfaction|
The first benefit of replacing your windows begins with a government subsidized incentive: tax credits. Now through December 31, 2016 there is a Tax Credit for ENERGY STAR qualified windows, doors and skylights.
To be eligible for this tax credit, the replacement windows must:
- Meet the ENERGY STAR program requirements
- Be installed in a taxpayer’s primary residence
- Be installed BEFORE December 31, 2016
Homeowners may receive a tax credit equal to 10% of the product cost (installation costs may NOT be included) up to $200 for eligible windows and skylights. Homeowners may receive no more than $500 total for all energy efficiency tax credits. Save your receipts and labels and file IRS Form 5695. Visit the ENERGY STAR website for full details.
If you installed ENERGY STAR replacement windows between January 1, 2012 and before December 31, 2016, you can contact the IRS for determining your remaining eligibility for this tax credit.
Most homes still have single-pane windows which leak energy, causing you to constantly have to crank up your HVAC unit. The new replacement windows are equipped with high levels of energy efficiency (take a look at their R-value and U-factor) which will help decrease your energy bills. Not only that, they help keep temperatures more even throughout your home – so no more playing with the thermostat!
The glass package has the greatest effect on your window’s energy efficiency. By putting out more money upfront, you can expect to save money in the long term. For the most energy efficient windows consider Low E and Gas Fill options. Make sure to consult ENERGY STAR for more information.
Also consider the material of your windows (wood, vinyl, fiberglass, etc). Not all materials are created equal when it comes to energy efficiency – so make sure you determine which is best for your home and the climate that you live in.
More and more homeowners are thinking about the impact of their carbon footprint – so not only does energy efficient replacement windows help you save money, it also helps the environment by using less energy, which in turn, reduces greenhouse gas emissions!
Newer doesn’t always mean more beautiful, but it’s difficult to deny the beauty of brand new windows. Windows make up approximately 15% of a home’s wall space. Keeping them updated and beautiful can do wonders.
Old, shabby windows can often make a home appear older than it actually is. Decide on a style to compliment your home’s architecture – consider solid or dual-colored finishes to match both your interior and exterior window color. Also consider the size/shape of the windows and the amount of natural light inside the home. You can’t deny a beautiful, sunny glow from new windows! Pick a reputable contractor for a great install and you’ll see immediately the boost in a home’s the curb appeal.
Consider the risk to your family’s safety when looking at your old windows. The windows on the market today have been updated with more safety features including secure locking systems. For example, steel locks can be recessed into the window sash to create an effect that’s virtually burglar-proof, unlike vinyl locks which are screwed in from the top and are more easy to break into. Be sure to consider the safety aspects when you go to replace your windows.
According to the Safe Kids Worldwide 2015 Report to the Nation: Protecting Children in Your Home, every year, eight children under age 5 die from falling out a window, and more than 3,300 are seriously injured and hospitalized. For more information on how to keep children safe, refer to the National Safety Council’s website.
Comfort should always be a priority, and if you are constantly re-sealing, or covering windows and seams in your home, it’s time to seriously consider replacement windows. Windows should keep the heat in during the winter and the cool air during the summer, without constantly re-adjusting the thermostat. Replacement windows are a proven to regulating the temperature inside a home.
According to the U.S. Department of Energy, poor or old windows could account for more than 25% of your average household energy bill. Installing energy efficient windows further provides more heating and cooling benefits as well as energy savings.
Windows are an important element in passive solar home design – which uses solar energy to provide heating, cooling, and lighting. Homeowners can use passive solar design to improve the heating and cooling in their home, depending on their location and climate, but the basic guidelines are overall the same —select, orient, and size glass to maximize solar heat gain in winter and minimize it in summer.
Homeowners are likely to experience modest savings on energy bills, up to 15% a year – based on older double-pane windows in a 2,600-square-foot house being replaced with energy-efficient windows with low-E coating.
Savings can vary depending on climate, local energy costs, and the efficiency of both the replacement windows and the windows being replaced.
All-new vinyl windows for an average 2,450-square-foot house run about $15,000, according to the “2015 Remodeling Impact Report” from the National Association of Realtors.
Window replacement can be one of the best remodeling projects in terms of return on investment. For average-quality vinyl windows, you can recoup 80% of the project cost in added home value. So, on a project that costs $15,000, the value added totals about $12,000.
The most efficient windows are generally the most expensive, but it may not necessary to purchase the most high-end products to secure the highest return on investment. Consider the climate in which you live, aesthetics, and comfort as well.
Windows make up 15% of your home’s wall space. Bringing in more natural light is not only cost efficient, but is a beautiful way to add style to your home. Take a bay window for example; bay windows can elegance to an average room, using a few extra square feet and making a room seem much larger. The combination of natural light and outside views, it can turn a room into one of your favorite spaces.
Research has been able to prove that the benefits of having natural light actually helps people be more productive, happier, healthier, and calmer. By reducing the feel of tiredness, natural light can make you more energetic, and therefore more productive – a perfect scenario in a home office. Limited natural light has been linked to poor sleep habits, moodiness, and even depression.
In locations that are prone to extreme weather, such as hurricanes, installing storm windows with protective glass can add an extra layer of safety to your home, your family, and your belongings. However, just because you don’t live in a coastal location, doesn’t mean you shouldn’t take into account the weather.
Replacement windows provide improvements in comfort beyond the reduction in drafts. In the winter the outside air is dry and can significantly lower the relative humidity inside a home. This can lead to static electricity, dry throats, and other irritants. Replacement windows provide higher inside glass temperatures and allow for higher humidity levels inside without the condensation. Higher humidity levels means reduced static, improved health for people, pets, and even plants!
If you live on a busy street or in a loud neighborhood, then you should most certainly consider replacement windows – since the weakest link for sound transmission is windows. Less noise means more peace and quiet – what could be better?
Two key factors affect a window’s sound transmission: the window design and installation. Windows are rated with an STC, sound transmission coefficient, which indicates how well the window blocks sound. The higher the STC number, the better the sound control.
Double-pane windows or triple-pane windows filled with argon or krypton gas can significantly help in drowning out noise, as well as the addition of laminated glass.
Proper sealing during installation is also vital. The best way to reduce noise infiltration is through a high-quality weatherstripping system. The double weatherstripping that comes standard with these higher-quality windows have noise-reduction benefits, as well as the ability to seal in any leaks.
It is extremely likely that you will be satisfied with your investment, according to the “2015 Remodeling Impact Report.” Homeowners gave their window replacement project a “Joy Score” of 9.4 — based on those who said they were happy or satisfied with their remodeling, with 10 being the highest rating and 1 the lowest.