A basement’s state can affect the home’s comfort and energy efficiency. Regardless of what the basement is used for, insulating it would be an intelligent decision, as it helps improve the home’s energy efficiency. A poorly insulated basement will retain moisture in the wall, which leads to condensation and mold growth.
Basement foil wrap insulation is an excellent choice, especially where the main heat source is radiation. Foil wrap insulation saves energy and is non-toxic, fire retardant, easy to install, requires little maintenance, and saves money.
How Does Insulation Work?
The way insulation works is a straightforward concept. It helps improve the energy efficiency in the home by trapping tiny pockets of air, as this slows down heat movement in and out of the house. How well the insulation works depends on its R-value. The higher the R-value, the better the insulation power, as a higher R-value ensures a more efficient heat transfer resistance. Basement foil wrap insulation has a high R-value, making it an excellent choice for many homeowners.
When Do You Need New Basement Insulation?
There are several reasons to change the insulation in the basement. As a homeowner, if you suspect a home insulation issue in the basement, it might be time to change your insulation. Some of the most effective ways to know when you need new basement insulation include:
- Uneven temperature
- Drafty house
- A sudden increase in energy bills
- The insulation appears wet
- Frequent condensation, leaks, and other moisture issues
- Pest and rodent issues
Home Insulation Cost vs. Energy Savings
Many homeowners balk at the cost of quality insulation. Upgrading the basement ceiling insulation can cost an average of $1,000 to $2,000. Depending on the insulation type, it could also cost as much as $6,000 or more. Installing insulation in your basement is a wise investment, and a well-insulated basement provides more comfort throughout the season.
According to statistics from the EPA, the average homeowner can save up to 11% of total energy costs and 15% on cooling and heating costs by insulating the crawl spaces, attics, and basements. That saves an average of $200 yearly for the average household, whereas in colder parts of the country, savings can increase by up to 20%. Another excellent reason to insulate the basement is for a higher market value, and statistics show that a well-insulated home will command a higher market value. Interestingly, the homeowner may qualify for tax incentives for financing the upgrade.
Contact us at Insulapack today for the best basement insulation in Toronto. We are one of Canada’s top insulation companies committed to developing and supplying the best quality insulation products in the country. Visit our website now to learn more about our products.