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We all want to get the most out of items we purchase as this saves money and makes a lot financial sense but does it really when it comes to certain appliances? Turns out that hanging onto your older models of certain household appliances such as dryers, refrigerators and even vacuums can actually cost you more money. It has been proven that these older appliances simply do not posses the same energy efficiency as the newer models. Before you shop for a more efficient product, make sure you do your homework and educate yourself on what is called the ‘energy star’ certification as well as price comparisons which will save you a ton of money at the end of the day.

Key Takeaways:

  • Many older appliances did not focus on energy efficiency, so buying newer appliances can save money.
  • The appliances that impact consumers’ bills the most are electric clothes dryers, refrigerators, dishwashers, air conditioners and water heaters.
  • Newer energy-efficient appliances can cost more money upfront, but they have save money in the long-term.

“The main reason for the focus on energy-efficient designs is simply the increasing cost of residential electricity combined with the growing numbers of electrical devices used in the common home. People are wanting to save money and resources, so the manufacturers are accommodating the demand.”

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