How much money can you save with insulation?

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Back to Step 10: Get comfortable with insulation

How much money can you save with insulation?

Many SMEs do not have adequate insulation in their premises.

With 69% of Australian homes now insulated,[1] the financial savings are well documented:

 

  • Ceiling/roof insulation – savings of up to 45%.[2]
  • Floor insulation – savings of up to 5% – 10%.[3]
  • Wall insulation – savings of up to 20%.[4]
  • Hot water storage tanks and pipe insulation – savings of up to 30%.[5]
  • Duct insulation – saves money by minimising heat leakage.
  • Shading the outside of a building – can block up to 90% of the sun’s heat.[6]
  • In winter, up to 40% of heat can leak out through windows.[7] Using double glazing or ‘low E’ glass and window film can reduce this problem.
  • During winter, draughts can be responsible for up to 25% of heat loss from your business.[8] 

 

Tudor House, NSW

By installing insulation in their walls and ceiling, the Tudor House motel in Glenn Innes saved $476 a year on power bills.

 

The insulation reduced air-conditioning use and brought about a 7% a year reduction in their power bills.

 

The savings have not just been financial. Temperatures in Glenn Innes reach over 40ºC in summer, but the new insulation has made the hotel more comfortable to be in.[9]

 

Why energy efficient windows are so important

During winter, a home-based business can lose up to 40% of heat through its windows leading to an increase in heating costs.[10]

In summer, windows can allow a lot of heat into the building, leading to an increase in cooling costs.

 


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