How Do Double-Pane Windows Provide a Return on Your Investment?
Double-pane windows are becoming increasingly popular as homeowners realize the numerous visual and functional benefits they provide. Not only do double-pane windows enhance the appearance of your home and boost curb appeal, but they also offer a return on investment in various ways. If you’re considering double-pane window installation but want to make sure you’re getting the most for your money, consider these three ways in which double-pane windows provide a return on investment.
Local Rebates
As sustainability continues to move to the forefront of national concern, more and more local governments have begun implementing programs and rebates aimed at incentivizing energy-efficient home upgrades. By upgrading from old, single-pane windows to energy-efficient double-pane windows, you can take advantage of rebates in your city, county, or state and ultimately lower the cost of your window installation.
To find local rebates you may qualify for, contact your utility companies or browse their website. Many utility companies will have a page dedicated to rebates. You can also search the websites of your city, county, and state governments, and typically you can apply for the applicable rebate online. These rebates can range from a few hundred dollars to even thousands of dollars, depending on the region you live in and the type of windows installed. For example, the U.S. Department of Energy is offering a Clean Energy tax credit in 2023 for 30 percent of the cost of your windows, up to $600.
Energy Savings
One of the most significant benefits of double-pane windows is their enhanced energy efficiency, which lowers energy costs. Unlike single-pane windows, which consist of one single pane of glass, double-pane windows have two layers of glass with an insulating gas such as argon between the two layers. This design significantly reduces heat transfer through the windows, improving heat retention and reducing energy consumption.
Double-pane windows as a form of insulation have been shown to reduce energy consumption by 12 percent on average. According to energystar.gov, the average homeowner can save nearly $500 per year when switching from single-pane windows and up to $100 when switching from older double-pane windows. Although double-pane windows have a higher up-front cost than single-pane, you can see a return on investment in just a few years thanks to the significant savings in energy costs.
Home Value
Investing in your home through strategic upgrades always helps boost its long-term value, helping you build equity and secure a return on investment. It’s been found that double-pane window installation can increase the value of your home by up to $24,000, which is often more than the cost of the window installation itself.
The improved energy efficiency and reduced maintenance costs associated with double-pane windows are highly attractive to potential buyers. New window installation also increases the curb appeal of your home, while the enhanced safety makes it a desirable addition for families. Whether you’re looking to flip a property or upgrade your forever home, double-pane windows make an excellent investment for anyone looking to increase the value of their property.
If you need double-pane window installation for your home, Golden Glass can make the process seamless and hassle-free. From fabrication to installation, our family-run business will work with you every step of the way to bring your vision to life on time and on budget. Stop by our Fullerton showroom to speak with a member of our knowledgeable staff about your next residential window installation project, or give us a call at 800-64-GLASS for a free estimate. You can also fill out our online contact form with any inquiries, and we’ll get back to you right away!