|
Additionally,
a bright yellow EnergyGuide has been attached to the
appliance. The guide provides valuable information for
comparison shopping by providing the estimated yearly
energy cost.
Calculate
the your energy savings payback using these two EnergyGuide
tags as an example.
| |
Model
A
|
Model
B
|
| Purchase
Price |
$409.99
|
$329.99
|
| Estimated
Yearly Energy Cost |
$151
|
$168
|
| Avg.
Appliance Life |
10
yrs.
|
10
yrs.
|
Step
1: Calculate the Price Difference
Subtract the lower priced item from the higher priced
item.
$409.99
- $329.99 = $80
Step
2: Calculate Annual Savings
Subtract the lower operating cost from the higher operating
cost.
$168
- $151 =$17
Step
3: Figure the 'Lifetime' Savings
Multiply the life of the appliance by the annual savings.
$17
x 10 years =$170
Step
4: Find the Payback Period
Divide the price difference by the annual
savings.
$80
/ $17 =4.7
|
When
buying a natural gas appliance remember to compare warranties,
service arrangements and financing possibilities. It is also
important to look at the features of the appliance and look
for the American Gas Association Blue Star Seal, certifying
compliance with the American National Standards for safety
and design.
