Friday, October 30, 2009

Daylight Savings Time - Set your clocks back Sat night!

                         Some Useful Trivia!
Since 2007, Daylight Saving Time has actually been four weeks longer, thanks to the passage of the Energy Policy Act in 2005. The Act extended Daylight Saving Time by four weeks in an attempt to save 10,000 barrels of oil each day through reduced use of power by businesses during daylight hours. Unfortunately, the Department of Energy (DOE) says that it's difficult to determine actual energy savings, if any, as a result of Daylight Saving Time. But, there are definitely some easy steps you can take to save significantly on your household energy bills.

Did you know that water heating can account for 14%–25% of the energy consumed in your home, especially in the coming months? According to the DOE, it's true. With this in mind, we thought we'd share with you a few of the DOE's energy-efficient water heating strategies to help you save throughout the holidays.
  • Wash only full loads of dishes and clothes.  
  • Lower the thermostat on your hot water heater to 120° F.  
  • Repair leaky faucets promptly; a leaky faucet wastes gallons of water in a short period of time.  
  • Install aerating, low-flow faucets and showerheads. Select a shower head with a flow rate of less than 2.5 gpm (gallons per minute) for maximum water efficiency.  
  • Consider natural-gas on-demand or tankless water heaters. Researchers have found savings can be up to 30% compared with a standard natural-gas storage tank water heater.  
  • Consider installing a drain water waste heat recovery system. A recent DOE study showed energy savings of 25% to about 30% for water heating using such a system.
  • Install heat traps on the hot and cold pipes at the water heater to prevent heat loss. Some new water heaters have built-in heat traps.  
  • Insulate the first 6 feet of the hot and cold water pipes connected to the water heater.

Have a safe and happy Halloween – and enjoy your "extra hour" of standard time. Call us if you want to explore the real estate market.

Thursday, October 29, 2009

First Time Home Buyers Tax Credit

The senate is favoring the extension of the first time home buyers tax credit. The 8,000 tax credit can be used to offset closing costs and down payments. In working with this group of buyers, I have found that the possibility of owning a home has been extended to people allowing them to take advantage of the foreclosures and low priced properties that exist in our market inventory. Don't hesitate to look into the possibilities available for you or someone that you know could benefit from this amazing gift. Read information provided on my website to gain additional information or contact me.