Top 5 Money-Saving Projects That Pay Off in the Long Run

In a tight economy, consumers usually gravitate toward inexpensive home improvement products that reduce short-term energy costs and improve overall efficiency. Here are five money-saving projects that are easy to undertake and won't break the bank:

1. Go low-flow Inexpensive and a simple do-it-yourself project, installing low-flow shower heads and faucet aerators can reduce consumption by 50 percent and save on water heating costs as well. Price range: $12 – $200 per unit

2. Shut out the cold Upgrading old and drafty windows can be a big money saver - an average of $125 to $450 per year on energy costs according to the U.S. Department of Energy. Price range: Starting around $165 per unit for vinyl windows with insulated Low-E glass

3. Keep in the heat Insulating attic spaces is a good way to keep heat in during the winter and cut down on utility bills. This is a weekend project that can show immediate returns. Price range: Usually around $50 per roll

4. Light up the savings If you can change a lightbulb, you can save money by installing compact fluorescent lights (CFLs). Each ENERGY STAR® qualified bulb last 10 times longer than regular lights and can save $30 over its lifetime. Price range: Starting around $2 per bulb

5. Set your favorite program Programmable thermostats are painless to install and reduce control heating and cooling costs to the tune of $180 per year with ENERGY STAR® qualified units. Price range: $40 to $100

This article was provided courtesy of JELD-WEN Windows and Doors and Danny Lipford, host of the nationally syndicated television show "Today's Homeowner with Danny Lipford". For more information, visit www.jeld-wen.com.

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