Mortgage lenders try to look at the big picture, considering things like taxes and insurance when deciding how much they can loan out to homeowners and buyers. However, there's a major ongoing expense that appraisers currently don't take into account – monthly utility bills. You don't need to be an electrician to understand that the money you pay for power each month makes an impact on your budget and even affects the value of your home. A bill currently in front of Congress – the SAVE Act – would acknowledge that reality and let federal mortgage lenders make energy efficiency part of their formula.

Increasing the Value of Your Home

Essentially, the SAVE Act would make it easier to get financing for efficiency upgrades, even folding funding for it into traditional mortgages.

“This bill would require federal mortgage agencies to recognize the energy efficiency upgrades in a home during the mortgage underwriting process, thereby increasing the value of the home,” President of the Alliance to Save Energy Kateri Callahan said in a statement. 

The SAVE Act claims it would bring a number of benefits in addition to loosening the drawstrings on bank financing for efficiency. Among them:

A Diverse Group of Supporters

The SAVE Act was first introduced in 2013. Although Congress has yet to vote on the measure, it has lined up a diverse group of supporters who aren't typically on the same side of major issues, from the U.S. Chamber of Commerce and the National Association of Manufacturers to the Alliance to Save Energy, the National Resources Defense Council, the U.S. Green Building Council and others.

In the meantime, there are a number of steps you can take around your home today to cut down on your utility bills. If you need any help installing efficient appliances or upgrading your home electric system, contact an expert electrician today.

If you find yourself making that frustrating trip to the circuit breaker often enough to remember, there’s a good chance your electrical panel is overworking itself. An outdated electrical panel is a hassle no homeowner should have to put with. It’s not just an issue of faulty outlets and tripping over extension cords. An outdated electrical panel is a serious fire hazard.

It’s outdated for one, and that can cause a lot of problems, especially for any home improvement projects. An electrical panel’s job is to determine how much electricity is distributed to all appliances, lights, and outlets in your home. If your electrical panel is outdated, not only is it unfit to meet your electrical needs, it puts you and your home at risk. An up-to-date electrical panel has a circuit breaker, which trips or turns off when the wiring is overworked; this prevents your electrical system from overheating and starting a fire. An outdated electrical panel isn’t only a fire hazard; it’s harmful for the following reasons.

If your home needs an electrical upgrade, it can be as simple as replacing a few circuit breakers or replacing the entire electrical panel. It’s best to contact an electrical technician as the wiring in your home is a complicated mess, and a professional knows what to look for. They can inspect your home and provide the best suggestions on how to upgrade your electrical system.

With the DIY craze in full swing these days, do-it-yourselfers are attempting to refurbish, rehab, rebuild and remodel anything and everything within the walls of their homes. All you have to do is turn to any home improvement channel to observe a novice trying to tackle a major home renovation project. Some seem to know what they are doing, but most do not.

It is astonishing to see the number of load-bearing walls carelessly knocked down in the name of remodeling. Even more disturbing are homeowners who flirt with disaster by cutting live electrical wires! When the sparks start flying, these DIY-ers act shocked (no pun intended) that the wires are hot!

Electrical Permits

Much of this work is done without the homeowner getting the proper permits, which can create serious safety risks, not to mention invalid insurance claims regarding faulty workmanship. Scenarios like these are the perfect formula for a catastrophe!

Major or minor electrical work that is not properly permitted usually results in a denied insurance claim if damage, such as fire, results from improper work. Although it’s perfectly legal in most states for the homeowner to do his or her own electrical wiring, it can actually be less costly to have a licensed professional do the electrical work for you; it’s safe, licensed, permitted and done properly. Your insurance company will thank you!

Insurance Benefits

In fact, many major insurance companies offer a number of discounts if you have your electrical wiring upgraded to current codes. Check with your insurance company, and then contact a licensed electrician to learn the safety and cost benefits of having your home’s electrical service updated. Some DIY projects are better left to the professionals. This is one of them. After all, you can’t put a price on safety!

Smoke alarms are an important safety measure to protect your family and home from fire. You should have at least one installed on every floor. Unfortunately, a smoke detector beeping intermittently is a major irritant, disturbing your sleep and alarming your children and pets.

However, you should never permanently disconnect a smoke alarm to stop it from beeping. Instead, figure out the cause behind a beeping smoke detector and work to solve the problem. We can help!

If you just cleaned your fire alarm and replaced the battery yet the intermittent beeping continues, this could be a sign it’s time for a smoke detector replacement. These devices typically only last 8 to 10 years. If you’re not sure how old your smoke detector is, remove it from the wall or ceiling and check the manufacturing date on the reverse side to see if old age could be the cause of the malfunction.

When choosing lighting installation in Columbia for your home, office, or business, you may not realize how important your choice of lighting is. Lighting impacts every aspect of your environment – and no one knows this better than the electrical and lighting experts at Kolb Electric! Let’s go over some of our top picks for gorgeous, effective lighting.

Looking for lighting installation in Columbia? Contact Kolb online today!

Lighting – proper lighting – will only add to everything a room has to offer. You want ambient lighting to brighten a general area, without causing any headaches with overbearing, blaring lights. You want to draw visitors’ eyes to furniture, decorations, or other items of interest using accent lighting. And, last but not least, you want to utilize task lighting to keep any potential work areas bright enough to see what you’re doing.

First off, let’s take a look at the different types of lightbulbs, and the types of light they give off:

Now that we’ve touched on the types of bulbs, let’s delve into some types of lighting, what they are, and how they can add to your home, office, or business décor.

Ready to beautify your home and find the ideal lighting solutions to fit and add to your decor? Trust the professionals at Kolb to help you get the job done and done right! Contact us today to strike up a conversation, or to set a date for your consultation!