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February 04, 1977 - Image 15

Resource type:
The Detroit Jewish News, 1977-02-04

Disclaimer: Computer generated plain text may have errors. Read more about this.


Nancy Dickerson, prominent national
correspondent, reports for Detroit Edison:

"Detroit Edison.
unwraps a complete
Home Insulation
Finance Plan to help
you save up to 30% on
your heating bills:

Detroit Edison is a concerned participant in America's
crusade for conservation. The wise use of energy plays
one of the most important roles in that effort. Because
proper home insulition offers great energy and cost-
saving benefits, Detroit Edison has designed a plan, in
cooperation with the Michigan Public Service
Commission, to help you insulate or increase the
insulation in your home.

matter how you heat your
home, you can benefit.


If you use gas, oil, propane, coal or electricity as your primary
heating fuel and you are a Detroit Edison customer living in
your own home anywhere in southeastern Michigan, Detroit
Edison's Home Insulation Finance Plan may help you bring
your home.up to today's energy-saving standards. First, with
help in selecting a licensed insulation contractor. Second,
with convenient financing.

Even newer home's may be out of date.

It's true. Even newer-homes may need more insulation to save
the maximum amount of money on heating bills. Homes built
before 1940 may have no insulation at all. Those built after
1940 may have some insulation but probably not enough to
meet today's higher standards.
Detroit Edison recommendations include R-44 insulation for
ceilings and R-13 for walls and floors in homes with electric
heat. In homes with gas, oil or propane heating Detroit
Edison recommends a minimum of R-19 insulation in ceilings
and R-13 in walls. Anything less isn't doing the best job.

Bundle-up your home and save a bundle.

More than 50% of the energy you use in your home goes to
provide heat. So it makes sense to reduce the amount of
energy you use for heating. Depending on when your house
was built, and how it was,sinsulated, improved insulation can
save you up to 30% on your-present fuel bill. If you have air-
conditioning, you'll save on cooling costs, too. So you can
see how insulation pays for itself. And your home will be
quieter and more comfortable all year.

Start with a free home insulation.. check-up.

Find out how your home Measures up. Contact your own
licensed insulation contractor, or call your nearest Detroit
Edison office for the names of licensed contractors who.will
examine your home free of charge. They can advise you on
the amount and type of insulation your home needs. The
cost is probably a lot less than you might think. And the
savings will mount up every winter from now on.

DetroitEdison's Home Insulation
Finance Plan: the Plan that saves.

Insulate yourself against the increasing cost of keeping your
home comfortable. Take advantage of Detroit Edison's Home
Insulation Finance Plan one of two ways:

1. Make a down payment to Detroit Edison of at least , 15% of
the total cost of insulating your home. The company will
finance the balance of your cost up to $750 without
interest or carrying charges provided the balance is paid'
within 90 days'. A bill for the balance will-be sent to you
by Detroit Edison, separate from your regular monthly
electric bill.

2. Make a down payment to Detroit Edison of at least 15% of
the total cost of insulating your home. The company will
finance the balance of your cost up to $750 payable in up
to 48 equal installments (a period of 4 years) at an annual
percentage rate of 11.13 percent* A coupon book will
be provided for convenient payments.

*You must hold tide to your home . and have not had your electric service discontinued
for non-payment of an undisputed bill within the 12-month period preceding the
application for financing.

Pick up a free copy of "Detroit Edison's Home
Insulation Finance Plan", at any customer office.
Detroit Edison for more information..

Save energy for all it's worth.


Friday, February 4, 1977 15

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