Saturday 23 July 2011

Energy Star Rated Appliances

There is a big push for consumers to consider Energy Star rated appliances and push for energy efficiency. But is it worth it to the consumer

Energy efficient appliances are more expensive and don't always yield a higher cost savings per year. Federal tax rebates helps level the costs. And if you happen to live in a area where tax rebates are also offered on a state level it can be well worth the upgrade. But it is best to wait until your current appliance bites the dust before running out and unloading a new machine.

Take into account the following:
-Federal tax rebates
-State tax rebates
-Age of your current appliance
-Estimated number of years to make the savings worth the extra cost
-Special requirements (eg high-efficiency soap)

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