One of the biggest benefits you will hear about vinyl windows is that they will improve the energy efficiency of your home, which will lower your carbon footprint and help you save money on utility costs. Yet you may be wondering exactly how much you will save.
The answer really is: It depends. So many factors influence your home's energy efficiency, including the insulation, roof, exterior doors, and weather stripping. It can be difficult to narrow down how much your windows contribute to that energy loss or savings. Yet if all things are equal and you replace the windows, you can take the difference to get a better understanding of the influence that the windows have alone.
Your exact savings will also depend on the quality of the vinyl windows you purchase. If you currently have single-pane windows and you replace them with vinyl windows, you can save between $126 and $465 a year, according to Energy Star. If you already have double-paned windows, that amount lowers to $111 a year when they are replaced.
When evaluating those costs, it is important that you multiply that savings by the number of years you will have the windows, which can be between 30 and 50 years. The savings can quickly add up to the cost of the windows themselves.
Vinyl windows will also give you back money in the form of federal and maybe state tax credits. One federal tax credit provides 10 percent of the cost of the windows, up to $200. The windows must be Energy-Star qualified to get the credit.
Additional tax credits may be available depending on what kind of windows you buy and what features your home had before the windows replacement. You should talk to a tax professional to determine what's available and find out how to maximize your refund.
Finally, vinyl windows also save you money on maintenance. You don't have to re-seal or re-paint the window frames because they don't peel, rot or rust. The vinyl just needs to be cleaned periodically with soapy water. You'll save hundreds or even thousands of dollars over the life of the windows.
Consider the savings you will enjoy by replacing the windows on your Edmonton home. Then check out vinyl window opportunities in Edmonton to get the best prices to save even more money