What’s the cost of spray foam insulation?
One question you may be asked of your clients is how much does spray foam insulation cost. It’s no secret that most of us will often choose the cheapest or most convenient option. Who doesn’t like to save money? But when we select new products, we also like to go for performance, quality and reputation. Icynene spray foam insulation is one brand that builders and homeowners choose due to its ability to deliver on performance, quality and reputation.
If your client is asking how much does spray foam insulation cost – the answer is: it depends. This is due to the fact that there are a number of variables that can influence the initial investment of spray foam insulation including quantity, labor, region and spray foam type. Although the initial investment of spray foam insulation is higher than other, more traditional insulation types such as fiberglass, the annual savings^ potential for your clients is significant. Speaking to a licensed spray foam contractor can provide you with an accurate estimate of the cost of spray foam insulation and help you better understand the ROI potential by having the product installed in your next residential or commercial project.
Take a look at the example below for the typical American home. While the initial investment is higher than fiberglass, the savings^ potential provides the homeowner with an annual saving^ that fiberglass cannot provide.
Cost to Install the Icynene Spray Foam Insulation System: $ 4,500
subtract: the price to insulate with fiberous material $ 1,800
subtract: the savings from HVAC right-sizing due to Icynene $ 500
subtract: cost of air sealing, Lesco boxes, extra caulk/tape, etc $ 400
Incremental net cost increase $ 1,800 [A}
cost to heat and cool the home per year with fiberglass $ 1,977
subtract: cost to heat and cool the home per year with Icynene $ 1,248
savings per year using Icynene $ 729
Savings per month $ 61 [C]
Cost to home buyer of financing the Icynene upgrade
Example: Rate: 4%
Term: 30 yrs.
Cost to finance per month $1,800 from [A] $ 9 [C]
Monthly Savings due to Icynene Insulation [B subtract C] $ 52
Yearly Savings due to Icynene Insulation $624
^ Savings vary. Find out why in the seller's fact sheet on R-values. Higher R-values mean greater insulating power.