Cheap Doesn’t Mean Cheaper: Can You Afford Not to Upgrade?
Posted on: September 10, 2009No comments yet
by Jennifer Eschelbach, EnHouse – GreenovationTV Contributing Writer
Cheap is not always . . . cheap. And when it comes to appliances “saving” a few bucks on an energy hog can really cost you.
According to the U.S. Department of Energy, home appliances account for 17% of a typical household’s energy consumption. Replacing appliances can be a daunting task, especially considering the cost associated with replacement.
There are two costs to consider when purchasing appliances: the purchase price and the operating cost. The purchase price is how much you pay to take the appliance home, and can be thought of as a kind of down payment. The operating cost is the monthly dues to your utilities company that allow for continued use of your appliance.
Once you have decided to purchase a new appliance take time to consider both the purchase price and operating cost. Look for appliances with the Energy Star label. Energy Star products meet strict energy efficiency standards set by the Environmental Protection Agency and the U.S. Department of Energy.
Additionally, the Federal government requires that most appliances display the bright yellow and black EnergyGuide label.
The EnergyGuide label will not tell you which appliance is the most efficient. However, it will provide information on the annual energy consumption and the operating costs, allowing you to compare for yourself.
Remember, buying a cheaper model may seem like it will save you on the front end in your purchase cost but will cost you in the long run on your operating cost. Follow these tips to ensure the wisest investment of your money:
1. Look for the Energy Star logo and read the EnergyGuide label and compare that appliance to the energy use of other models you are considering.
2. Estimate the difference in energy costs.
3. Consider both the purchase price and estimated energy usage when deciding which brand and model to buy.
4. Ask questions of your sales person and local utilities companies as there may be cash rebates, low-interest loans or other incentive programs in your area for energy-efficient product purchases. Find out if you can qualify.
By making informed and well thought-out appliance purchases you can reduce the amount of energy your appliances consume and save yourself money in the long run.
Jennifer Eschelbach is a GreenovationTV Contributing Writer and in charge of outreach for the The Environmental House Energy & Green Building Resource Center (EnHouse) in Ann Arbor, Michigan. The EnHouse is a comprehensive resource and touring facility dedicated to furthering the causes of green building, energy efficiency and renewable energy. Jennifer is currently working on her second bachelors degree from Eastern Michigan University in Urban and Regional Planning. She loves the smell of energy efficiency in the morning.




