1. Invest in Energy-Efficient Upgrades
When making upgrades to your home, especially if it is an older home, it could pay to invest in energy-efficient upgrades such as a smart thermostat, better insulation or new windows, said Amber Harris, a real estate agent and interior decorator with At Home DC.
“Even with newer construction, a smart thermostat can help save a noticeable percentage on your monthly heating and cooling bill, and that’s an upgrade you can do on your own for around $200,” she said. “Other homeowners may want to investigate solar energy options, especially in jurisdictions that offer incentives to homeowners who invest in solar. Make sure, however, to weigh the cost-benefit of renting panels versus purchasing, and ensure you comply with all local, community and neighborhood regulations.”