A green mortgage, or by giving it its correct name, an energy efficient mortgage, is a program designed to allow people to make their houses more energy efficient. They are not second mortgages, so you will not have to separate payments every month, and they can be used for improvements such as tankless water heaters, double windows, insulation and modern air conditioning systems.
You could justify yourself by thinking that any savings you make through an energy efficient house will be absorbed by having to borrow more money, but fortunately this is not the case. You will save much more on reduced energy bills than the extra you have to pay back each month.
When you consider the facts behind the energy of the uses of a typical American house, it is not hard to see how having these improvements will reduce carbon branding and bills, and having a green mortgage means that there is now a more efficient way to costs to pay for those improvements.
Heating and cooling uses between 50 and 70 percent of all energy consumed on average in the United States, and according to the Department of Energy, almost 25 percent of that energy is lost due to poorly insulated windows .
You may think you’re safe because you have a modern house with double windows, but another alarming fact shows that houses that have central heating and air conditioning, lose about 20 percent of the air due to a defective duct, while 60 percent The properties in the US are not properly isolated, so they lose even more energy.
Improving home insulation can reduce your annual energy bills by up to 20 percent
The most basic double windows can save up to 18 percent in hot climates in the summer and up to 24 percent in cold climates during the winter.
Having a thermostat that you can program will save you up to 20 percent in heating bills and also three percent in those due to cooling. Also, it is worth taking a look at the appliances. For example, if you were to get a new dishwasher with an Energy Star certificate, you would not only save a significant amount of energy (and when you think that the dishwasher is responsible for two percent of the electric bill, you will see that it is something worth having account) but also about 1200 barrels of water every year
This may seem to tip the numbers, but the harsh reality is that as long as your house is not energy efficient you are basically pulling your hard earned pesos, as well as damaging the environment, because, do not forget the more we use, the more lose the Earth
Obtaining a green mortgage for either the house in which you live
For the one you plan to buy means you will save a significant amount of money, your home will be more comfortable, and your carbon brand will be greatly reduced, which means that the environment will also benefit.