Based on heating cost savings of 10%, the typical payback by installing Novitherm Heat Reflectors is just 1 – 5 years!
“When I purchased your product last fall, you asked if I could give you an update on how they performed. I’m very happy with them. I believe I saved approximately one half tank of oil, about $300 depending on the price. They were fairly easy to install and don’t look too obvious. I found the house ( 2 storey, built in 1946, oil heat, cast iron rads) more comfortable overall. Glad I invested in them.
By preventing heat loss through the exterior wall, improving heat circulation in your home, and improving the efficiency of your water radiator, the room heats up quicker. As a result the thermostat shuts the boiler off sooner and reduces the runtime of the heating system.
Do the Math
Based on an Average Size Home Built Before 1980:
Average Heating Costs
(Natural Gas/Water Heated) $1510 per year.
Average Fee for Novitherm™ Reflectors in a Single Family Home $229
(Installed by homeowner)
Based Upon 10% Savings per year = $151
$151 saved per year = 1.5 years payback
Payback/Recovery of Costs = 67%