If you’re planning to stay in your home for more than five to 10 years, you will need to upgrade appliances and heating or cooling units at some point. When you do, it’s a good opportunity to go green by choosing energy-efficient products.
According to an article in Consumer Reports, appliances last around 10 years. In general, appliances can range from $400 to $8,000. On average, an oven goes for $650 to $2,000 and a washer and dryer go for $400 to $1,000 each. Replacing all the appliances in your new home can cost thousands of dollars. Some stores offer deals when you bundle several appliances together for purchase. Newer models often offer energy efficiency, which can lower your electric bill. Ask your electric company if rebates or discounts are offered for switching to Energy Star products.
Every 20 years, you may need to replace your cooling unit. According to Energy.gov, you can save 20% to 40% on your cooling costs by upgrading your old air-conditioning unit. Expect to pay several thousand dollars for a central air-conditioning unit. Repairing a unit that hasn’t completely broken down can delay a big hit to finances for a while. Either way, air conditioner installation Ocean City MD can help.
Gas or furnace heaters can cost $1,000 to $6,000 to replace and last only 10 to 15 years. If replacing a heating unit, look for an energy-efficient model, which should say “.67 EF,” which refers to its energy factor, or “.85 EF” for a tankless gas heater. The EF rate refers to the amount of water that is heated in a unit of fuel.
Your new home may provide many opportunities to go green. Energy efficiency is not only good for the environment, but it’s also good for your wallet.