If you are interested in saving money, then there are a lot of options open to you. However, if you own a home, then the best way you can save on monthly energy bills is to slowly replace your appliances with more energy efficient models. The more energy efficient your electronics are, the more you will save. These electronics can span from something as small as a kettle to something as large as a refrigerator.
Lets take a moment to review the standards for which appliances are rated in terms of energy efficiency. In addition, we will look at particular appliance to see how much each might save you in terms of your monthly/yearly energy bills. With any luck, you will be in the market for a new appliance, and save a great deal in yearly costs because of your selection.
The Energy Label
An energy label is included with all appliances sold in the UK. This energy level is designed to quickly and accurately relay all the information you need to make an informed choice. When shopping around, look for the label titled “Energy” in a bold font. Below that will be the manufacturer and the model. Below that is a 7 point scale labelled A through G and coloured. It shows how energy efficient the product is. A rating of A is the most efficient, while a rating of G is the least efficient.
Below this an in its own box will be the energy consumption rate measured in kilowatts per hour. The lower this number is, the more efficient the product will be. By buying the most efficient model of every appliance, you can see a noticeable change with the next bill you get.
The Refrigerator
The refrigerator is one of the most energy intensive appliances in your kitchen. It has to constantly produce cool air at two separate temperatures, drawing a great deal of energy. Depending on how old your past refrigerator is, you can save a great deal of money every month.
For example, a new fridge alone can save about 25 pounds a year. A new freezer as well can save upwards of 46 pounds per year in energy costs. When split over the life of the fridge, the amount you make back may pay for the initial purchase. If nothing else, the average savings over the course of a year will give you enough to buy over 135 pints of milk.
The Dishwasher
The dishwasher is another intensive energy user. In addition, it is an excellent place to save in energy costs. As a number of dishwashers in homes are first generation dishwashers, the dishwasher is one electronic that many people can save on by replacing. In fact, saving up to 45 Pounds per year have been reported after the dishwasher has been replaced. A new dishwasher will also use less water the earlier models, saving you on water usage.
Washing Machines
When you leave the kitchen, one of the greatest energy hogs you will find is your washing machine. A more up to date washing machine will be able to do more with less water and electricity. With a savings up to and exceeding 35 Pounds a year, a newer model washing machine will also save you a great deal of water as well.
Tumble Dryer
While a new washing machine will save you some money, a new dryer will save you even more. For those looking to really save, hand drying is the preferred route. By hand drying, you completely negate the need for this power hog. For those who do not have the option, then try looking for a tumble dryer. A tumble dryer uses significantly less power then standard models. The difference in cost can get up to 100 Pounds if you are switching from an early model dryer to a tumble dryer.
Putting It All Together
Replacing the electronics and appliances in your home is an excellent way to cut down on the average cost of your energy bill. For those looking to replace still good appliances, you may be able to make back some of the cost by selling your appliance. For those who are purchasing after the previous appliance has expired, prepare yourself for some amazing savings.
Either way, purchasing new appliances represents a significant investment, as the cost is normally very high and you will be living with it for a while. That being said, such purchases are best done with a number of different factors to consider, including savings to your energy bill. The best decision is made when you have the most amount of information, so keep up with your research and good luck with your eventual purchase.