A study commissioned by NAIMA Canada has revealed that Canadians could save hundreds of dollars per year on energy bills by simply retrofitting their homes with better insulation.
The study, using data collected by Natural Resources Canada (NRCan), set out to establish how many homes in Canada are under-insulated and to estimate, both regionally and nationally, the energy and cost savings that could be produced by upgrading under-insulated homes to contemporary standards; standards set by the national and provincial energy codes (the “Retrofit Potential”).
“If all communities across Canada upgraded to the full retrofit potential just to meet today’s energy codes, the savings are materially significant both to the homeowners’ pocketbook and to our environment”, said Jay Nordenstrom, Executive Director of NAIMA Canada.
Insulation Upgrade Saves on Energy Bills
According to the study, if an average home in Edmonton were to be retrofitted to code, a family today could anticipate savings of up to $400.00 on their electricity or oil bills each year.*
Insulation Upgrade Helps the Environment
The report also exposed that, nationally, homeowners are generating 4.26 million tonnes per year of greenhouse gas emissions that could otherwise be saved.
“Beyond greenhouse emissions, we are also talking about millions of litres of fuel and billions of kilowatt hours in wasted electricity simply because heat is escaping our homes due to insufficient insulation,” said Nordenstrom.
Older homes, not held to the same energy performance standards as newer homes, are the primary cause of the lost energy savings.
*Savings varies depending on specific factors, such as the level of insulation already in the home, use of an air barrier, thickness of insulation installed, R-value of insulation installed, environmental conditions, and numerous other variables.
For more information on high performing building envelopes and expert tips on how to insulate your home, visit NAIMA Canada.
North American Insulation Manufacturers Association (NAIMA) Canada promotes energy efficiency and environmental preservation through the use of fibre glass, rock wool, and slag wool insulation, and encourages the safe production and use of these materials.