Reduction in heating oil cost by an average of 41%
Homeowners in Connecticut were looking for an easy way to reduce their heating bills during the cold season and make their home more comfortable year-round.
They applied Energy Protect™clear insulation coating to the interior walls, ceiling, and other areas of their home to provide a barrier to the heat transfer, thus reducing the amount of energy used to heat and cool and providing a more consistentinterior temperature year-round.
HEATING OIL USE IN GALLONS: Before Energy Protect™ (4 year average) – 620 gallons per year Estimated cost before – $1,618.21/year*
After Energy Protect™ (1 year) – 365 gallons Estimated cost after – $952.65/year* This equated to a savings of 41% in heating oil use, and a dollar savings of approximately $665.56 per year *Cost per year was calculated using the July 16, 2007 figure for the average Connecticut regional retail heating oil price ($2.61 per gallon). Source: State of Connecticut Office of Policy and Management (www.opm.state.ct.us).
The final analysis showed that Energy Protect™ clear coat saved this homeowner approximately $665.56 per year in heating oil costs (plus additional savings from summer energy reduction). Heating oil use was reduced by approximately 255 gallons per year.