As Utility Rates get Higher

Spray Foam becomes a Better Bargain

Cap and Trade promises to raise utility rates even more.

Let's Do the Math

Spray Foam vs. Fiberglass Insulation Cost Comparison

             Let's take a 3,000 sqft home and compare  insulating with fiberglass and insulating with spray foam.

Why would you want spray foam?

Fiberglass:

Assuming Fiberglass material & labor cost   $2,500

**Other materials needed:                         $1,500

Fiberglass intial costs                                  $3,500

**Other materials:

These are items you have to pay for in addition to the fiberglass in a fiberglass insulated home: Ridge Vents, Soffit Vents, Gable Vents, Exhaust Fans, Etc. and Labor.

ACTUAL ENERGY IMPACT 

Fiberglass:

With Avg. $400/month Energy Bill ($184 for Heating/Cooling

Fiberglass:

$    184/Month Heating/Cooling Cost

      X 12

$2208/Year

Spray Foam:

Spray Foam material & Labor Cost = $10,000

Fiberglass Material Cost                         - $ 3,500

Spray foam initially costs    $ 6,000 MORE

THAN FIBERGLASS

Spray Foam: (SAVE UP TO 50 %)

With Avg. $92/month Heating/Cooling

Spray Foam:

$    92/ Month Heating/Cooling Cost

     X 12_

$ 1104/Year

Assuming $306,000 Home with Spray Foam Insulation and a 20% down payment

$245,000 Financed for 30 years

      $1,630 Monthly Payment

      ($32 more each month)

$342000 Total Interest (November, 2039)

Now suppose you took the $92 savings in your utility bill each month and applied it as an extra payment to your mortgage. You would pay off your mortgage 4 years earlier and save $56,000 in interest!

Without the extra $92 you don't save $ 56,000 in interest and without the extra $32 each month it costs to finance the Spray Foam you don't save the $92.