Energy Efficient Appliances: The Cost of Not Upgrading

Energy-efficient appliances can save you money on your electric bill and help reduce your carbon footprint.

Energy Star

Energy Star is a program under the US Environmental Protection Agency (EPA) established to identify and promote products that save energy.

The EPA estimates that if all Americans used ENERGY STAR-rated appliances instead of standard ones, it would save enough electricity to light up every US home for up to two years. Furthermore, it would reduce greenhouse gas emissions equivalent to those from 26 million cars. It would prevent over 50 billion pounds of pollution each year. On a more direct level, ENERGY STAR-rated appliances would save consumers billions of dollars in utility bills each year.

Energy Star appliances are over 20% more efficient than standard models. They also cost less to operate, which means you save money over time.

Actual Savings

According to the Department of Energy, replacing an old refrigerator with a new Energy Star model can save $90 or more a year on a household’s energy bill. A new Energy Star washing machine can save $75 or more per year in water and electricity costs for one household.

The average American household spends about $2,400 per year on electricity. By switching to energy-efficient appliances, households can save between 5% and 30% off their electric bills.

Upgrading to Energy Star

If you have an older appliance that’s still working fine, it may not be worth replacing it immediately. But if you’re looking at new appliances, look for models that carry the Energy Star label to save as much money as possible. These appliances ultimately pay for themselves in savings as compared to traditional appliances.

Environmental Benefits

Energy-efficient appliances also have less impact on the environment than conventional models. They use less energy to perform the same tasks and are often made from recycled materials. 

Contact Electrical Insight to see how we can help you save even more on your electric bill.

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