You’ve heard the rumors that new windows can save you all kinds of money on your electric bills. Your neighbors brag about the decrease in their energy bills, and your family swears you are spending too much on yours because your windows are too old. But is it really true? And if it is, how much can you really save?

Well, the good news for you is that, yes, getting new windows installed really can save you a lot of money. Think about it: If you have windows that let the warm air out during the winter, and the cold air out during the summer, your heating and cooling system is working much harder than it needs to in order to keep your home comfortable. Additionally, if you have single-pane windows, or windows that are not equipped with the newest energy-saving technology, you are undoubtedly throwing away money each month trying to maintain your home’s ideal temperature.

How much you can save is not such an easy answer. It all depends on what kind of windows you have now and what type of windows you will replace them with. The exact amount you will save is variable, but you can cut as much as 40% off of your energy bills. The worse off your windows are now (think single-pane, drafty, cracked, etc), the more money you will save by getting new ones installed. Even when choosing the new windows, there are several different options that offer varying degrees of insulation, which can obviously save you even more money.

In summary, getting new windows will not only make your home more up-to-date, increase your resale value, and improve your home’s aesthetic, but they will also save you money every month on your energy bills.