Life is expensive these days. The cost of everything is up and some communities have a shortage of financially viable employment opportunities. Homeowners are often looking for ways to improve their living space while saving money. 

One solution is to do things that are good for the environment and your bank account. The following list of green home renovation ideas can lower your monthly bills so that you can live better and protect the environment.

Update Old Plumbing and Water Heater

Old plumbing is more likely to experience leaks and flow issues. A broken pipe can cost you in other ways, like material and labor related to repairing damaged walls, flooring, or wiring.

The best thing to do is to avoid it by making sure your system is updated and reliable. This is also an opportunity to switch to low-flow fixtures to decrease water consumption. That will keep your monthly water bill down and help the environment.

Use Less Framing in Construction Projects

Find out what the minimum legally permitted amount of framing is before starting a construction project. You should always adhere to building codes however you don’t have to overdo it. Using the minimum (or just above the minimum) will reduce material costs for the project. 

Less framing means that more insulation is used between studs, which increases your home’s energy efficiency. That will have a long-lasting positive effect on your heating and cooling bills.

Install a New Solar Panel System

Solar panels are a great way to put a big dent in your monthly bills. You can run your home entirely on solar and batteries or use the panels to reduce your reliance on the grid. Once installed, solar panels work for over 20 years and require almost no maintenance. 

Sunlight is free to collect, so you can continue powering your home without paying more. Find a reliable installer like Connect Electric that offers a lifetime guarantee on instillations and learn more about installing a residential solar system.

Insulate the Space Around Recessed Lights

Recessed lights are appealing because they require less space compared to overhead fixtures. They also look clean and neat, which goes well with a wide range of home décor styles. However, they also create areas that can allow air to leak into the room.

When installing recessed lights, make sure the electrician insulates the areas to prevent airflow. This will reduce drafts and allow the space to remain comfortable without straining your heating and cooling system.

Upgrade to Energy Efficient Appliances

If your home renovation plans involve appliances, make sure you upgrade to energy-efficient models. Older appliances have fewer safety features. They also tend to consume more energy. Spending a little more now can save you hundreds of dollars in the long run.

You may decide to continue using the appliances you already own after the project is finished. It is a good idea to get the most use out of the device before replacing it. Just remember to look for energy-efficient models when the time comes. 

You can also use this approach to switch the light bulbs in your home from old incandescents to highly efficient LEDs.