Bermuda Property Matters

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APPLIANCES

Save money, time, and the environment with energy efficient appliances Matt Gerardo, VP, BATE’S, explains the many benefits of Energy Star appliances at the top of their objectives for all home improvement projects. Household appliances designated as Energy Star will not only reduce energy costs, they are also environmentally friendly and provide more convenience. For example, Energy Star washers use about 25% less electricity and 33% less water, plus you can also wash more clothes in a single load and ith the rising cost of dry them faster — which means electricity, as well as less loads, and less time spent in the environmental concerns, laundry room. first time home buyers and existing In the average household, 30-45% homeowners, should have ‘energy efficient’ of energy consumption is drawn from appliances being used on a day-to-day basis. This includes washer, dryer, range, refrigerator, dishwasher, and water heater. This number will be skewed for those with gas powered appliances, such ,* [LMXI ƹ GY JX 5VSǻPI WQEVX XST PSEH as dryers and ranges, however [EWLIV [ QMGVSFER ERXMQMGVSFMEP XIGLRSPSK] the benefits of having Energy MRGPYHIW GYVFWMHI HIPMZIV] Star appliances cannot be For example, a gas range or dryer will use ignored. about half the amount of energy when Household appliances have two compared with an electric model. prices: the purchase price, and the As the saying goes, “the Stone Age did operating cost of the appliance. Although energy efficient appliances not end because they ran out of stones”, we transitioned to better solutions. The same are often the more expensive option opportunity lies before every homeowner in the short term, when compared with “Energy Star” and gas appliances. with conventional alternatives, utility bill savings over the life of the efficient product will fully offset the initial cost and yield an impressive return on investment. According to the US Department of Energy, it is estimated that you can reduce your electricity costs up to 30% simply by switching from standard electric appliances to Energy Star models. Gas appliances are another good option and provide 8LI TSTYPEV ,* ǻRKIVTVMRX VIWMWXERX WXEMRPIWW WXIIP GY JX FSXXSQ JVII^IV VIJVMKIVEXSV [ impressive savings measures as well.

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Bermuda Property Matters 2023


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