Spray Foam Is Too Expensive!!!
Last week I discussed one of the key features of spray foam insulation, air tightness, in Don’t Buildings Need to Breathe?
This week I want to talk about one of the things you always hear, “Spray Foam Is Too Expensive!!!”
How many times have you heard that… this month?
Now, like me, you probably know this is crazy and a super shortsighted point of view, right?
It would be like saying an automobile is more expensive than a horse, and in the early days of autos I am sure many people thought this as they continued to rely on horses, but you never hear that argument today. Why? They both provide transportation, but cars are more effective, more efficient and have lower operating cost than horses.
So, let’s look at the big picture.
Spray foam and fiberglass both provide thermal efficiency, but spray foam is both more effective and more efficient.
Yes, spray foam is going to cost more than traditional insulation upfront, but high-performance machines always do!!!
Because spray foam building envelopes are more effective and more efficient, the standard payback period, for both open-cell and closed-cell foam, in all climate zones, is less than 5 years, that’s more than a 20% ROI.
Where else are you making 20% on your money?
Also, even if the spray foam upgrade costs an additional $10,000, when financed over 30-years, that adds less than $50 to the monthly payment, and with a typical energy savings that can be $100, $200 or more per month, you are in positive cash flow from day one.
Finally, for you cash buyers, that don’t care about payback, ROI or positive cash flow compared to financing costs, when mechanical systems are properly sized and designed, based on the building envelope package, using spray foam insulation can reduce the size of the mechanical system which means the mechanical system may cost less upfront, resulting in an initial cost offset.
Add this up and you will quickly realize that spray foam is the only upgrade that will not only pay for itself, but it can also buy granite counter tops.
With these concepts in mind, like relying on a horse for transportation, traditional insulation will cost you more in the long run, so if you ask me, it is too expensive not to use spray foam.
Stay tuned next week as we continue to explore the interesting world of spray foam insulation.
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