In today's world, where the cost of living is on the rise, energy-efficient appliances offer a glimmer of hope for those managing household finances. Upgrading to modern kitchen appliances can lead to unexpected savings on electricity, especially if your current equipment is outdated. Here are five compelling reasons to consider an energy-efficient upgrade for your kitchen.
Reduce Your Energy Bills
Investing in new kitchen appliances can be a savvy financial decision to help lower your energy bills.1 For example, replacing an old refrigerator with an energy-efficient model could save you between $100 to $150 annually on electricity.2 These savings begin as soon as you start using your new appliance. To estimate your potential savings, check out the Energy Star product list online. Synchrony encourages responsible spending and offers promotional financing options to help manage the costs of upgrades.
Subject to credit approval. Minimum monthly payments required. Promotional financing offers available at the time of purchase may vary by location. See store for details.
Understand Energy Consumption
When shopping, look for the Energy Guide label.3 This label helps you compare the energy efficiency and potential savings between appliances. Did you know that a new refrigerator uses about 25 percent of the energy of a model from 1975?2
Lower Your Carbon Footprint
Every kilowatt-hour saved means a smaller carbon footprint for your home. By choosing Energy Star appliances, you can significantly reduce pollution and make more efficient choices, according to the Union of Concerned Scientists.4
Financing can help. Find an appliance and electronics retailer in your area now and ask about promotional financing offers available at the time of your purchase.
Avoid Costly Repairs
Old appliances are not only less efficient but also more prone to breakdowns, leading to unexpected repair costs. Newer models bring reliability and stability to your monthly expenses, offering peace of mind. Some utility companies even provide rebates and removal services for your old appliances.
Embrace Energy Savings Over Time
Consider the long-term savings of a new dishwasher, which can amount to $35 a year to run and save approximately 3,870 gallons of water over its lifetime.5 Synchrony has Financing options are available to facilitate help your purchase.
Subject to credit approval. Minimum monthly payments required. Promotional financing offers available at the time of purchase may vary by location. See store for details.
Learn More and Save More
By opting for energy-efficient appliances, you're not only saving money but also investing in a sustainable future.
READ MORE: Buying Appliances? Consider Smart Ones
- Rachel Steffan (June 2013). “Importance of Energy Efficient Appliances.” Week&.com, http://homeguides.sfgate.com/importance-energyefficient-appliances-78840.html.
- Consumer Reports. (March 2014), “Don’t be Confused by the New EnergyGuide Label" Consumer Reports, http://www.consumerreports.org/cro/news/2014/03/don-t-be-confused-by-the-new-energyguide-label/index.htm.
- Federal Trade Commission. “EnergyGuide Labels” FTC.gov, https://www.ftc.gov/news-events/topics/tools-consumers/energyguide-labels.
- Union of Concerned Scientists (August 24, 2017), "Smart Energy Solutions: Improve Energy Efficiency" Union of Concerned Scientists, https://www.ucsusa.org/resources/smart-energy-solutions-improve-energy-efficiency.
- Katie Overmonds (August 10, 2023), “The Dishwasher Energy Use Guide: Saving Money and the Planet" OhmConnect, https://www.ohmconnect.com/blog/smart-home/the-dishwasher-energy-use-guide-saving-money-and-the-planet.