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According to a report from Energy.gov, radiant barrier installations can save between 5% and 10% on your energy bill each month that your HVAC cooling is in operation. That fact can mean savings of up to more than $325 per year for homes that experience frequent direct sunlight and high summer temperatures. 

It is generally completed in a day, depending on the attic size and access difficulty.

Yes, basement insulation needs a vapor barrier due to its susceptibility to moisture seeping in from the outside of the house. You should install a moisture barrier before you install insulation or purchase insulation that comes prebuilt with a moisture barrier to avoid water damage in your insulation and costly mold and water remediation expenses. 

Installing sheets of plywood over attic insulation is a popular choice, especially in storage spaces. That said, insulation works by trapping hot air—so it needs extra space to expand and be effective, or you might reduce the energy efficiency of your home. 

It’s important that you never compress the insulation by installing flooring directly on top of it. In many houses, you’ll need to install a subfloor before putting plywood over insulation in your attic.