Go Green and Save Green

Nowadays going green seems to be the in thing to do, but is it really worth the hassle? As it turns out, saving our planet doesn’t just benefit planet Earth, it can also save you money in the long run. Consider making the decision to go green in your home and you’ll not only increase the balance in your bank account, you’ll increase the value of your home as well.

According to consumer reports, household appliances account for nearly one-third of your home’s energy consumption not including heating and cooling, which can account for the largest portion of your bill, 45% to be exact.

So if you’re thinking about making the switch to do your part and save the world, the initial sticker shock of the price of energy-efficient appliances might just change your mind. But before you hang up your super-hero outfit, remember that while these upgrades may cost more upfront, it won’t take long to notice the impact these eco-friendly machines are having on your bank account. Moreover, energy efficient appliances are more often than not designed better than are other appliances.

Energy Star rated appliances saved homeowners over 14 billion dollars in 2006 alone, and reduced national fossil fuel emissions during that year by the equivalent of 25 million cars, according to journalist Judy Ketteler of GAIAM Life.

            Washing Machines: It used to be that front load washers were only seen at Laundromats, but these days, more and more homes are trading in their top load washer for a more energy efficient, front load machine. Walk into a Home Depot or Lowes and you’ll see that just about every front load washer is marked with the US Department of Energy’s, Energy Star label, distinguishing it as an energy efficient product.

Energy Star was first created by the Environmental Protection Agency and in order for a product to be rated Energy Star; the appliance must meet rigorous energy efficient guidelines.

These machines also use less water, typically have more room for extra clothes which means less loads, use less detergent, and are gentler on your clothes, making them last longer.

            Dishwashers: According to the US Department of Energy, the biggest cost of washing dishes and clothes comes from the energy required to heat the water. A dishwasher marked with the Energy Star label will reduce hot water use by offering the user shorter cycles which require less money. Make sure the model you purchase gives you the option to have your dishes dried by the built-in heater. Opting not to use it however and letting your dishes air dry instead can save you money as well. Lastly, choose a model that uses the least amount of water. According to consumer reports, the most efficient of these appliances can reduce your water consumption by up to 1,000 gallons a year!

            Refrigerators: When looking for your next refrigerator, choose a top freezer model over a side by side model. Top freezer models are generally a lot more efficient. Also, opt for a model that doesn’t include an ice-maker as these models require the most repair work and add to your appliances energy consumption.

Testing your home for leaks may also be a great way to save some green, as well as installing a programmable thermostat and calling your local utility company for an energy audit. If money is a concern for you when thinking about how you’ll make the switch to those greener, money-saving appliances however, consider a home equity loan from El Paso Employees Federal Credit Union.

 

Home equity loans are a simple solution for your renovating plans, and we make it easy to borrow from the equity in your home. We now offer loans for both Texas and New Mexico areas. For more information, call 915.593.5866 option 8.