When it comes time to remodel your home, focus on energy use. Home improvement projects that center around improving not just the way your home works for you but also on how much energy you consume can make a big difference in your daily life. Michigan offers several opportunities for homeowners to save money on their energy bills. The Home Energy Loan Program could help you to spur some improvements to your home as well. And, later, if you decide to sell your home, it could mean you’ll get more for it as well.
What Can The Program Help With?
It is important to check with the Michigan Saves website to find out what current offerings are as these may change over time. However, they currently include building shell improvements such as:
- Reflective roofing for existing units which can help to keep your home cooler in the summer by reflecting away more of the sun’s light
- Storm windows and doors which tend to be more efficient because they limit the amount of energy passing through them
- New exterior doors that are Energy Star approved, meaning they block out more of the energy loss from your home
- Skylight additions which can help to allow more light in
- Windows that are Energy Star
- In addition to these types of improvements, you may also qualify for boiler upgrades, air source heat pumps, and central air conditioning upgrades.
What does the program offer to you? It can give you special financing when you make these types of home improvements to your home. The financing can help individuals who may not otherwise qualify for another loan or those who want a lower interest rate to secure one.
If you are making home improvements to your Michigan home, be sure to check out these energy opportunities. You may make your home more comfortable to live in while also making your home more valuable.
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