Here’s a great line I just read at bhrealestate.com
Every appliance has two prices: the sticker price, and the one you pay to run the appliance year-round.
When purchasing a new appliance, buyers might be tempted to buy the unit with the lowest sale price while ignoring the long term costs of running it.
Choosing a highly energy efficient appliance can save more money than the additional purchase difference and if used long enough, add to your savings. According to Energy Star, the organization the certifies the efficiency of appliances, in 2007, Americans bought enough ENERGY STAR appliances to limit emissions equivalent to green house gases from 27 million cars — all the while saving $16 billion on their utility bills, or roughly one-third their annual utility cost.
Look for machines that have earned the ENERGY STAR label, meaning they have met strict energy-efficiency guidelines. It’s also important to check the bright yellow EnergyGuide labels on appliances to see consumption rates for that model expressed in annual kilowatt hours and the approximate annual cost of running the appliance.
The article also offered some helpful shopping tips:
Refrigerators – Next to your furnace and water heater, your refrigerator uses the most energy in your home, so make sure a new fridge suits your needs. If it’s too large, you’ll waste energy cooling phantom food; too small may simply be inconvenient. Models with freezers on the top or bottom are more efficient than those with freezers on the side.
Stoves – Cooking habits should determine which is best for you. While the design and price of today’s gas and electric stoves are similar, gas stoves require less energy for stovetop cooking. If you do a lot of baking or oven use, however, the electric stove is a better option.
Clothes Washers – According to the EPA, Horizontal-axis washers (front loaders) use 50 percent less energy, less water and less soap. This translates into savings on average of about $95 a year for the average household
Clothes Dryers – ENERGY STAR does not label dryers since most consume the same amount of energy. Do, however, try to buy one with a moisture sensor that will automatically shut off the dryer when your clothes are dry, rather than completing the cycle.
Air Conditioners – Ensure correct size for your room and go for energy efficiency. If it’s cooling a sunny room, consider increasing capacity by 10 percent.
Natural gas and oil systems – Look for the Federal Trade Commission EnergyGuide label with an Annual Fuel Utilization Efficiency (AFUE) rating. This measures the seasonal annual efficiency (ENERGY STAR furnaces have a 90 AFUE rating or above).
The added initial cost of energy efficient appliances may seem high, but the savings show up over time and they are gentler on the environment.