Summer is the perfect time to make your home more energy efficient. With temperatures soaring, it's important to take steps to conserve energy and keep your home cool. There are many simple home improvements you can make that will save you money on your energy bills. Here are some tips to make your home more energy efficient this summer.
Tip #1:
Update your appliances – If your home is equipped with older, outdated appliances, they are likely using more energy than necessary. Replacing old appliances with new, energy-efficient models can help you save money on your energy bills.
Tip #2:
Check your windows and doors – Make sure that your home's windows and doors are properly sealed to prevent cool air from escaping. Drafty windows and doors can make your home feel warmer and cause your air conditioner to work overtime. Sealing cracks and gaps around windows and doors will help keep the cool air in and the hot air out.
Tip #3:
Invest in a programmable thermostat – A programmable thermostat is a great way to save energy and money. You can set the thermostat to automatically adjust the temperature when you are away from home or asleep, so you're not cooling an empty house.
Tip #4:
Add insulation – Adding insulation to your home is a great way to keep cool air in and hot air out. Attic insulation is particularly important in keeping your home cool in the summer months.
Tip #5:
Replace old light bulbs – Replacing old incandescent light bulbs with LED bulbs can reduce your energy costs. LED bulbs use less energy and last longer than traditional light bulbs.
These are just a few tips for making your home more energy efficient this summer. Implementing even a couple of these can help you save money on your energy bills.
Ready to make home improvements? Consider putting the equity you’ve built in your home to work for you with a Civista Home Equity Line of Credit (HELOC*). Use your revolving line of credit again and again, up to your available limit, to keep your home cool and more energy efficient this summer. Learn more about Civista’s HELOC.
*Important information.
Home Equity Line of Credit (HELOC) lowest rate is Prime (8.50% Annual Percentage Rate (APR) as of 7/27/23). The lowest rate includes no closing costs for equity lines under $500,000.00 that remain open for at least 36 months. If you close your line of credit within 36 months of account opening, the bank origination fee waived at account opening ($350.00 as of 7/27/23) may be assessed. Annual fee is $75.00 and is waived the first year. The APR may vary based on The Wall Street Journal “Prime Rate” (Prime) as published on the first day of the month. Minimum APR is 3.75% and maximum APR is 25.00% OH and 18% IN. Rate and terms may change at any time and may vary by property type, loan amount, credit history, and loan-to-value ratio. Property insurance required and flood insurance may be required. Consult your tax advisor regarding the tax deductibility of interest. Important Consideration when managing Interest-Only Payments: the interest rate on a home equity line of credit is variable; therefore, your monthly interest-only payment may change with market rates. Your principal balance is only reduced when you make voluntary principal payments during the 15-year draw period of your home equity line of credit. At maturity, any remaining account balance outstanding will be due in a single balloon payment. At that time, the bank may, but is not obligated to, refinance the line of credit. Subject to credit and property approval.
Loan details are as of July 2023 and may be subject to change.
