Shopping for appliances isn’t fun. I usually don’t shop for an appliance until the one I have breaks down. Then, it’s a mad dash to the store to find a quick replacement. When a season’s worth of frozen vegetables is melting in your busted freezer, energy conservation is the last thing on your mind.
Unfortunately a hasty decision in the appliance selection process can cost you extra cash over the next fifteen years, the average life of most home appliances. “When you buy an appliance, you commit to paying both the first cost and the operating cost for as long as you own it. And over the life of an appliance, the energy cost to run it can be many times greater than the first cost. So it pays to buy an energy-efficient appliance,” says the introduction to the American Council for an Energy Efficient Economy’s Consumer Guide.
A refrigerator or freezer that costs an extra $200 but saves you $100 per year in energy bills, will not be $200 more expensive than the cheaper model. Actually in fifteen years it will have been $1,300 less expensive due to the higher operating costs of the cheaper model. So, if you really want to save money on appliances don’t compare price, compare efficiency ratings instead.
When shopping for appliances there are two stickers that help you compare. One is the Yellow Energy Guide. The other is the Energy Star Label.
The Yellow Energy Guide label shows a comparison of the highest and lowest energy consumption or efficiency estimates of similar appliance models, based on test procedures established by the US Department of Energy. This information lets you compare the features, size and energy usage of different models. From “uses least energy” to “uses most energy,” a scale shows how a model stacks up against the competition. Since 1980, the Federal Trade Commission has required the Energy Guide labels on refrigerators, freezers, dishwashers, clothes washers, room air conditioners, water heaters, furnaces, boilers, central air conditioners, heat pumps and pool heaters. Labels are not yet required on clothes dryers, portable space heaters, kitchen ranges, microwave ovens, lights or on-demand tank-less water heaters.
Energy Star labels are not on all appliances, but you should always look for this sticker to get the most efficient appliance possible. To earn the ENERGY STAR, these appliances must meet strict energy efficiency criteria set by the US Environmental Protection Agency or the US Department of Energy. They use less energy and reduce your contribution to green house gas emissions from power plants.
More than 70% of American households recognize the Energy Star label. DOE estimates that $16 billion dollars was saved by consumers on 2007 utility bills.
According to the DOE Energy Star website here is what you can expect in savings by purchasing the following Energy Star appliances.
-Qualified refrigerators are at least 15% more efficient than the minimum federal efficiency standard.
-Qualified TVs consume 3 watts or less when switched off, compared to a standard TV, which consumes almost 6 watts on average.
-Office equipment that qualifies automatically enters a low-power "sleep" mode after a period of inactivity.
-Qualified light bulbs (compact florescent or CFL) use two-thirds less energy than a standard incandescent bulb and must meet additional operating and reliability guidelines.
-Qualified furnaces offer a rating of 90% AFUE (Annual Fuel Utilization Efficiency) or greater, which is about 15% more efficient than the minimum federal efficiency standard.
So buying Energy Star appliances ensures that you are buying the most efficient models possible. You also save money by getting appliances with the “least energy used” per model category. Shop now, but don’t buy until you really need a new appliance. After all, these standards may change again and manufacturers are always coming up with more energy efficient models. That shouldn’t keep you being prepared by shopping ahead of time.
© Mark Daily, 2008
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