How to Shop for Energy Efficient Appliances
So you are ready to retire your 25 year old fridge, and this time around you want to invest in an energy efficient model. Way to go! But how do you understand the potential energy and money savings? Fortunately, there is a great label that helps lay out the energy savings of energy efficient appliances that is on most appliances (The label is not on clothes dryers, humidifiers and dehumidifiers, ovens and ranges) The EnergyGuide label has a lot of small type that is important to read r in order to truly understand what you are purchasing. The picture below from the Federal Trade Commission lays out where to look and what it means!
As the picture suggests, you can calculate the operating costs of your possible new appliance by multiplying the yearly kilowatt hour (kWh) use by your current electricity rate. In 2011 Minnesotas electricity costs were an average of 8.14 cents per kWh. So for this example it would cost approximately 51 dollars (620 x .0817) to run, which is much less than stated. Bring your latest electricity bill when you go shopping to have the most up to date information, and it’s worth calling ahead to the store you’re planning on going to about their selection of energy efficient appliances.