Are you choosing between insulated panels and traditional construction materials, and you aren’t sure where to begin or how to evaluate the investment?
When making your choice, you’ll want to consider several factors, including the upfront and long-term costs, installation labour, the energy efficiency of each option, and what you can expect in terms of maintenance. While an option might cost more upfront, it could give better value in the long term. Not to mention, what you spend upfront could save you on energy expenses and maintenance.
If you’re not sure whether to choose insulated metal panels or more traditional construction materials, here’s what you should know.
What Are Insulated Panels?
Insulated metal panels (IMPs) are prefabricated panels that combine structural materials with an insulated foam core. They usually consist of two exterior-facing panels with insulation sandwiched in between. Panels are suitable for a variety of applications, including walls and roofing, and provide both structural support and thermal insulation in a single product.
IMPs are a single product that does the work of several traditional construction materials. Traditional materials include:
- Wood or steel framing
- Exterior sheathing
- Batt insulation
- Wrap or other types of weather barriers
- Interior drywall
While IMPs are installed as a single product, traditional materials are installed separately in multiple stages. They rely on several materials working together to achieve the same result as an insulated panel’s integrated system.
Initial Comparison
IMPs typically have a higher initial per-square-foot investment than traditional construction materials. If you’re looking for something that will save you money over time, even if it costs more upfront, insulated metal panels are the way to go.
It doesn’t take long for the cost of the latter to surpass what you’ll pay for insulated panels. How does this occur?
Labour and Construction Time
Panels arrive pre-engineered, so they’re ready for installation. This reduces installation costs. In many cases, traditional materials appear to cost less at first glance, but when you add the cost of the various components, as well as the cost of labour, the difference isn’t as significant as it initially seems.
IMPs offer faster installation with fewer steps and reduced need for on-site labour, which also reduces the risk of delays and scheduling conflicts during building.
Energy Efficiency
One of the most significant ways the initial investment of IMPs is recouped is through the energy savings you enjoy over time. These panels offer improved air sealing, which reduces heating and cooling demands. Most home and building owners who opt for IMPs enjoy significant utility savings over the life of the structure. Year after year, panels offer energy-saving benefits and help you meet Canadian energy-efficiency standards.
Maintenance
Panels are easy to maintain and help you avoid costly repairs from moisture-related issues. They also have fewer components, which means there are fewer potential failure points. Panels are also easy to clean and inspect, allowing you to quickly spot and address minor issues before they lead to costly repairs. You not only enjoy cost savings on the panels, but you also get secondary savings when panels prevent damage.
Which Option Offers the Best Long-Term Value?
For years, people have relied on traditional construction materials to insulate their homes. There’s no denying these components work. However, modern-day options like insulated metal panels offer a more efficient option that helps you save money over time.
Traditional materials might initially seem less expensive, but over time, IMPs give you substantial long-term value. Even if the upfront cost is higher, insulated metal panels often reduce lifecycle expenses through lower maintenance needs, improved energy efficiency, and fewer replacements over time.
Enjoy the Long-Term Value of Insulated Metal Panels
Insulated panels are a smart investment that offer value over time. Even when your initial cost is higher, you enjoy long-term value and reduced cost.
IMPs also offer flexibility, durability and efficiency. At Structural Panels, our insulated panels deliver a high ROI through energy savings and durability. You also enjoy the added benefit of keeping things local and buying Canadian.
If you’re ready to learn more about how insulated panels compare to traditional construction materials, reach out to Structural Panels Inc. today to discuss your options.
