I’m sure you’ve heard about energy-efficient appliances and how they can help you save money on your energy bills. But what do you actually know about them? If you’re like me, probably not that much. The truth is, energy-efficient appliances do more than just cut your monthly energy bill. Let’s take a quick look at their benefits:
Energy savings—This is probably the most obvious benefit, so we’ll tackle it first using a refrigerator as an example, since it’s one of the highest energy use appliances in the home. If you replaced your old refrigerator (made in 1993 or before) with an Energy Star model, you could save between $200 and $1,100 over its lifetime. That’s just one example. If you apply the same 15% energy savings that all Energy Star appliances are required to meet across all your household appliances, you’re looking at a fairly substantial drop in your monthly household energy bills.
Tax credits and rebates—A few months ago, my hot water heater went out. We thought that a new, tankless heater would be too expensive. But to our great surprise, not only did our local gas company offer a rebate, but we could also use it as tax write-off. For more information on which appliances qualify and how you can find out about local rebates and tax credits, visit the following sites:
Environmentally friendly—The last great benefits of energy-efficient appliances is that they are exponentially more environmentally friendly that traditional appliances. They use less power, which means less pollution all around. Going back to the refrigerator example, if everyone who bought a new fridge this year bought and Energy Star model, it would be the equivalent of taking 100,000 cars off the road.
Basically, there’s really no reason not to buy energy-efficient appliances. You’ll end up saving money and protecting the planet.