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How and Where to Get Financing for Home Energy Efficiency Upgrades

How and Where to Get Financing for Home Energy Efficiency Upgrades

Ever heard of an EEM (energy efficiency mortgage) loan? Making your home more energy efficient may reduce your utility bills for the long term, but paying for the upgrades upfront can be a challenge. EEM’s can be one source. Another potential source of funds is a traditional HELOC (home equity line of credit). Check with your bank, credit union or mortgage servicer for details and rates. There are a number of financial institutions with programs specifically designed for financing energy…

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Is your water heater a ticking time bomb?

Is your water heater a ticking time bomb?

Hot water heaters are something we tend to take for granted until they start leaking or fail altogether. Once that happens, we are likely to grab the yellow pages or hop online to find the nearest plumber who can come right away. (Unless you are a renter, in which case you will call your landlord. There are upsides to renting.) The life expectancy of the average, conventional water heater is 10-15 years (longer, if you make a habit of draining…

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