Tax return benefits with Icynene spray foam insulation
April 14, 2014 - 10:10am
Americans can often receive significant tax returns from the IRS and state tax authorities every year which can be reinvested in smart, energy efficient home improvements. These reimbursement checks can be put to great use by using them as a means of funding additional home upgrades with Icynene spray foam insulation. By generating this kind of enhancement, homeowners can expect to see significant returns on investment from their investments that help them achieve better living conditions all throughout the year.
Making improvements to a dwelling is one of the more common ways that homeowners spend their tax return money. That's because putting money to work for a family instead of just letting it sit in a bank account and accrue minimal interest allows for more compelling results.
Retrofitting and updating building infrastructure is a significant means of making money more active and providing a superior investment strategy than other kinds of spending. In fact, Icynene spray foam insulation additions help cut heating and cooling expenses by up to 50 percent^. That means that a one-time cost of upgrading insulation results in much lower bills every month, providing savings that residents can rely on for years to come.
The Technology Strategy Board released a study recently that showed residents could expect to see even greater returns on investment than simply lower monthly expenses when completing renovation projects. This enhanced financial benefit is due to the other aspects of home protection that upgrades and retrofits have to offer.
Some of the main enhancements include:
Less heating and cooling demand
Lower CO2 emissions
Smaller carbon footprint
With so many positive outcomes to upgrading, it makes sense that residents would put their tax returns toward this purpose. On top of that, the sheer amount of money that American homeowners have at their disposal thanks to IRS and state tax reimbursements makes it easy to afford the retrofit. According to the Huffington Post, the average refund in 2012 was just over $2,800 per person. That kind of investment capital makes it easy to look at whole-hone upgrades with Icynene spray foam insulation.
Focusing on returns
The important thing to remember here, as the Post pointed out, is that financial expenditures associated with housing upgrades pay for themselves. In other words, this is like spending on savings. The more people invest in upgrades and enhancements that create cost benefits, the more money residents are able to keep over time. Investing in projects around the house as simple as changing out light bulbs or as helpful as replacing outdated insulation with Icynene spray foam are some of the best ways to make more money off of the refunds people earn anyway.
It's easy to earn a significant return on any investment with Icynene. This insulation material generates all of the benefits named by the Technology Strategy Board and more, making this a wise addition to any home environment. On top of that, there are often additional tax breaks and incentives available to people who upgrade their buildings this year, so next year come tax time homeowners can expect even larger kickbacks from state and federal agencies.
Talk to a certified Icynene insulation specialist about the best ways to boost the heating and cooling management of your home by adding spray foam to the mix. This insulation material goes on as a liquid and covers every available interior surface, forming a perfect seal that blocks out moisture while better managing HVAC performance. By investing in Icynene, issues like making money generate more returns are easy to overcome.
^ Savings vary. Find out why in the seller's fact sheet on R-values. Higher R-values mean greater insulating power.