Compare the cost of spray foam to other types of insulation
While building a new home or office, clients will lean towards what they’ve known for years – either the most convenient or cheapest option. However, the choice needs to also be driven by performance, quality and reputation of the manufacturer.
When it comes to insulation, the concept of ‘out of sight, out of mind’ may come into play, however as a building professional you can help your clients understand the immediate and long term advantages of spray foam insulation. While spray foam insulation has a greater initial investment compared to other types of insulation, the return on investment can be noticeable and will pay back for years to come.
Take a moment to review the example below based on a 2000 sq. ft home in Climate Zone 5. Yes, the initial investment is higher than fiberglass, however the savings^ potential provides the homeowner with an annual saving^ that fiberglass cannot provide.
Cost to install Icynene spray foam in a 2,000 sq. ft home in Zone 5*: $ 4,500
subtract: cost to insulate with fiberous insulation 1,800
subtract: savings from smaller heating/cooling equipment 500
subtract: cost of air-sealing, caulking, etc.* 400
NET cost increase of insulating with Icynene $ 1,800 [a]
annual cost to heat and cool your home with fiberglass 1,977
subtract: annual cost to heat and cool your home with Icynene 1,248
annual energy savings with Icynene 729
Savings per month $ 61 [b]
If you opt to finance the Icynene upgrade:
Example: Rate: 4%
Term: 30 yrs.
Cost to finance per month $1,800 from [a] $ 9
Monthly Savings due to Icynene Insulation [b-c] $ 52
ANNUAL SAVINGS $ 624
* This example represents a 2,000 sq ft home in climate zone 5 (hot climate) and is not indicative of every home insulated with Icynene spray foam insulation.
^ Savings vary. Find out why in the seller's fact sheet on R-values. Higher R-values mean greater insulating power.