5 Ways Impact Windows Can Save You Money
If you live in an area that sees its share of powerful storms, you might have considered installing impact windows, but you’re intimidated by the price tag. Well, read on and you might be surprised at the ways impact windows and doors can actually save you money.
Avoid Costly Repairs
Of course, the most traditional reason that homeowners install impact windows and doors is to protect against dangerous storms. Wind entering the home through an open or broken window can create strong upward pressure on the roof, creating a potential disaster zone that can destroy your roof. Impact windows won’t shatter when hit by flying debris, so you have priceless peace of mind that you and your precious belongings won’t be damaged by a hurricane’s high winds.
Lower Energy Bill
Old or damaged windows can be responsible for up to 25% of your electric bill by allowing warmth from the sun to penetrate in the summer and heat to escape in the winter. Though Florida doesn’t get nearly as cold as other states, our prolonged summers can give a homeowner two choices: sweat and save money or pay an exorbitant price to stay cool.
Impact windows can allow you to have the best of both worlds—keeping cool and lowering your electric bill.
Each year when it comes time to renew your homeowners’ insurance, your agent will ask about upgrades that can lower your premium. In fact, insurance agents are required by Florida law to ask about risk-mitigating factors that can reduce damage caused by high winds. Installing impact windows can lower your premium and deductible by up to 45%. It is important to note that you should contact your agent to ask about the specifics on earning a discount; some insurance companies require you to install impact windows and doors on every opening of your home.
Believe it or not, installing impact windows in your home can earn you a tax credit. It’s true – you can earn a credit of up to $200 per year for having energy-efficient windows. If you wind up making your house your forever home, that can add up to thousands of dollars in savings. When you submit your taxes, file IRS Tax Form 5695 to claim your residential tax credit. You are asked to provide information for what type of installment you have in your home that makes you eligible for the tax credit, along with some other related questions. Be sure to keep a copy of your certified statement!
Higher Resale Value
After the initial investment, you can count on getting substantial savings from your impact windows and door. Home buyers will usually pay close attention to the windows when touring a home. Replacing your old windows with energy-efficient impact windows can be a huge selling point. According to a study by Zillow, you can get up to a nearly 75% return on your investment (ROI) by installing energy-efficient windows. Impact windows virtually pay for themselves over time.
Interested in Learning More?
Are you interested in scheduling a consultation for impact windows or doors for residential or commercial buildings? BNT Services been serving South Florida since 2009 with integrity and pride in our services and have thrived to provide our customers with the best products and service they deserve.
BnT offers a selection of the best windows in the industry and then professionally installs them to make you ready for the next local weather event. BnT proudly serves Miami-Dade, Broward and Palm Beach Counties, along with the Lakeland area.