Is one of your New Year’s Resolutions to save money? In the first of a two part series on home appliances we look at Energy Star appliances and the idea of having to spend money to save money.
Homeowners hoping to take advantage of first of the year sales can often find good buys on appliances at home improvement stores. While we favor buying local over national big box stores-consumers have a myriad of choices. And while you’re looking for the quietest dishwasher or the roomiest fridge, make sure to look for something else—the most energy efficient one.
The #1 thing to look for? The ENERGY STAR® certification.
According to the U.S. Environmental Protection Agency (EPA), if every appliance purchased in the U.S. was rated to ENERGY STAR® certifications, we would prevent annual greenhouse gas emissions equivalent to 420,000 vehicles and save 25 billion gallons of water and $580 million in energy costs.
Of course, replacing an appliance in good working condition is never a smart choice. But if it’s time to upgrade your kitchen or laundry room appliances, consider an ENERGY STAR® choice.
Besides looking for the ENERGY STAR® designation, here are five other questions to ask yourself before you purchase an appliance:
- What size do I need? Buying a refrigerator or washer with a larger capacity than you need will end up using more energy in the long run. Carefully measure the space you have available, and then make sure you are purchasing the right size for your household needs: For example, a couple needs a smaller-capacity washer than a large family.
- How much does it cost to run? Each appliance will have an “Energy Guide” label that allows you to compare the typical annual energy consumption of the model you are considering with others. (Note that the Energy Guide itself doesn’t indicate the energy efficiency of a particular appliance. By law, each appliance must carry one.) Bear in mind that the overall energy cost—not just the purchase price—is an important factor in making a cost-effective choice that will allow you to save money for years to come.
- Is it the most energy-efficient “type”? This is where things can get confusing. The ENERGY STAR® designation is awarded to the best-performing appliance in its class, but it only rates refrigerators that are similar makes. So for example, a top-rated side-by-side refrigerator/freezer with an ice dispenser will still use more energy than one with a top-mount freezer that might not qualify for an ENERGY STAR® designation. The issue is the same with washing machines: A front loader will only be rated against another front loader, not against a top loader.
- Do I qualify for a rebate? Enter your zip code here to find out what programs you might be eligible for. Don’t forget to save your receipt and other paperwork to make redemption hassle-free.
- How will I dispose of my old appliance? Many stores will offer to recycle your old appliance for you—be sure to take them up on the offer! They know how and where to dispose of it in the safest way. Having old appliances around your house is not only unsightly, but can be dangerous, as children may climb into an unused fridge or dryer and get inadvertently trapped. For more information on recycling an appliance, check here.
Predictions call for a cold winter, so when you combine that with rising electricity prices, we end up with the “not-so-perfect storm.” So while you’re cleaning up at the store on an appliance sale, remember that you’ll also be cleaning up your household’s bottom line, not to mention our environment as a whole when you make an energy-efficient choice.