Replacing your appliances may be an expensive up-front cost. But, there are reasons to do it, including saving yourself money in the long run.
It might seem painful to the wallet to think about replacing large household appliances. Add up the energy costs of an old or outdated model, however, and you may find that in the long run you’ll save on energy and utility bills by replacing your appliances.
You don’t need to splurge and do them all at once. Choose the worst offenders and nix them first. By understanding energy-efficient models and creating a budget, you can help your bank account and the environment when you replace your old appliances.
1. You might be losing out on energy efficiency
What you want is an appliance with the Energy Star label. Energy Star appliances are the rock stars of the energy-saving category. They go far beyond the federal government’s minimum efficiency standards. This is where you want to start when shopping for new appliances.
2. You’re paying too much for electricity
If you’ve got an electric range or a water heater that uses electricity, consider ditching it for a model that runs on natural gas. Not only are gas prices typically much lower than electricity prices (two to three times on average) but it’s also a more environmentally friendly option than using electricity or other sources of energy to run your appliances.
3. Your appliances are the wrong size
If you bought your house with appliances already in it, you may find that you’re using appliances that are the wrong size for your family or your space. If you’ve got a large refrigerator that’s almost always half empty, not only is it draining energy, you’re paying to refrigerate space you’re not even using.
Same with air conditioners: if one was installed in a window when you moved in, it may be a unit too big or too small to properly cool the square footage of the room. Replace incorrectly-sized appliances with models that fit your home perfectly.
4. You want to be kind to the environment
Don’t contribute to pollution or resource wasting by running outdated appliances. For example, if your dishwasher doesn’t work very efficiently you’re probably wasting water by rinsing your dishes in the sink before you load them. Many new models of dishwashers can clean a dish without it being rinsed first. You’ll save on your water bill and you will help conserve the planet’s water this way.
The big stuff
You already care about the small stuff you can do to save energy so start thinking about the big stuff as well. Not only will you save money, you’ll also love the improvements companies have made in big appliances, from faster wash cycles to refrigerators with better layouts and more storage space.
When you replace your appliances, find out about how you can make sure that the old appliances are recycled, too. This makes your decision even more responsible, knowing that even if you’ve made a replacement, you haven’t added to landfill.
Buying new appliances is a big budgetary consideration, but in the long run the money you’ll save makes these appliances worthwhile investments.