Do Energy-Efficient Products Really Save You Money?

energy-efficient-appliances

So you are looking for a new refrigerator or washing machine, and keep seeing all the Energy efficient stars and ratings, but I hear you wondering if they will really save you money on your energy bill and just how huge those savings will be.

Well, the answer is, it depends.

It depends on the size of your appliance, how you will operate it and what your  definition of ‘huge’ is.

Let’s take a look at some of the biggest energy users.

HEATING AND COOLING 

Living in Australia, it should come as no surprise the biggest power-guzzler of them all is the air-conditioner. Once it’s been turned on to combat the inescapable summer heat, it’s impossible to switch off ‘til at least mid-autumn.

But the cost of sweet, cool bliss doesn’t come cheap, and it’s going to show on your bill.

So how long would it take for an energy-efficient air-con to start saving you money on your power bill? Let’s do the math:

Rinnai 3.5kW Reverse Cycle Inverter Split System Air Conditioner Fujitsu 2.5kW Split System Inverter Air Conditioner
Energy Star Rating 2.5 Stars 5 Stars
kWh per year 912kWh 490kWh
Cost of Appliance $930 $1052
Annual Cost to Run $238.03 $127.79

*Based on cooling for 8 hours a day during 4 months in a year. Data retrieved using energyrating.gov.au/calculator

CLOTHES DRYER

Instead of spending the better half of an hour hanging up clothes, you can toss ‘em in the dryer and be on your way.

Unfortunately, doing so isn’t as good for your power bill. Clothes dryers use up a lot of energy with each load, which is going to add up quickly on your bill.

Is it time to invest in a power-saving clothes dryer?

Bosch 8kg Condenser Dryer Miele 8kg Heat Pump Dryer
Energy Star Rating 2 Stars 7 Stars
kWh per year 721kWh 320kWh
Cost of Appliance $1099 $1399
Annual Cost to Run $206.87 $91.79

*Based on running 2 cycles each week. Data retrieved using energyrating.gov.au/calculator

REFRIGERATOR 

An appliance running for 24 hours a day is obviously not going  to be an easy cost to your household. How are you meant to cut back your usage on a necessity?

The bigger the fridge, the more it is going to cost, so it is understandable that you want to find the one that will save you the most.

So, your fridge is running all day every day, and it should last you for years to come, right? How does the energy-efficient model stack up?

Hisense 435L Fridge LG 450L Fridge
Energy Star Rating 2.5 Stars 4.5 Stars
kWh per year 488kWh 299kWh
Cost of Appliance $839 $1100
Annual Cost to Run $127.37 $78.04

*Based on running 2 cycles each week. Data retrieved using energyrating.gov.au/calculator

It’s going to take you a few years before your energy-efficient fridge will start to save you money. However, you can see that there are savings to be had.

It’s not just about the money though. Choosing an energy-efficient model means reducing your carbon footprint and doing your part for the environment. If you are looking for some Ezi solutions to beginning to save on your bills, going with the appliance that consumes less power is the way to go.