Energy Effienct Siding
Energy costs are on the rise. As homeowners look for ways to save money, more are turning to energy-efficient products to reduce their energy use. Insulated vinyl siding is one such product.
Insulated vinyl siding comes in two forms: a rigid foam underlayment that fits behind conventional vinyl siding, and vinyl siding that is fused to a rigid foam backing.
Because it costs more to manufacture, insulated vinyl siding prices are higher than conventional vinyl siding. So how can you determine whether the higher upfront cost will pay off?
A recent study by the New York State Energy Research and Development Authority compared insulated vinyl siding and fiber cement siding. The study found that on average, insulated vinyl siding provides an annual savings of $56 in natural gas and electric utility costs.
Insulated Vinyl Siding - Prices Tough to Justify
Now look at the difference in upfront siding costs. One manufacturer of solid core siding systems charges $181 per square (100 square feet) for insulated vinyl siding, compared with $141 per square for conventional vinyl siding. If you have 2,500 exterior square feet, you would need 25 squares and would pay $4,525 for insulated siding, versus $3,525 for conventional siding, not including fascia, trim, soffit, installation, and other components.
That's a difference of $1,000. At current energy prices, it would take about 18 years to pay for the difference. However, most experts agree that energy costs will continue to rise, making the payoff faster.
Insulated vinyl siding prices may be worth it if you're planning on staying in your house for a long time. But you will also want to consider the environmental benefits: Lower energy usage means less carbon dioxide entering the atmosphere, and a smaller environmental footprint.