Wednesday, May 5, 2010

ROI: Real or Imagined?

Many people, particularly salesman, like to talk about ROI (return on investment) when discussing "green" home improvements. ROI is a compelling consideration for homeowners wishing to get more value for their dollar. Buyer beware, however, for often the actual savings from energy efficient improvements fall short of their projections.

Solar, on-demand water heaters, windows and high-efficiency furnaces all fall in this category for Californians. The one true area of home improvement that will pay off - insulation!

An often low cost home improvement, insulation done professionally, has a greater propencity for reducing utility costs than many of "Green's" iconic home renovations. So the next time someone tries to sell you a home improvement based on ROI, start the interrogation!

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