Cash Management
Cash Management (Soft Token Required) ACH Originators and Merchant Capture Deposits
Cash Management (Soft Token Required) ACH Originators and Merchant Capture Deposits
Cash Management (Soft Token Required) ACH Originators and Merchant Capture Deposits
January 21, 2022
An easy way to save money and to reduce your carbon footprint is to invest in energy-saving appliances for your home. Although energy-efficient appliances are more expensive up front, you can benefit from long-term energy savings, and have smarter features that can make your lifestyle more efficient.
You don’t always need a brand new appliance to save energy in your home. Most appliances that are less than 10 years old maintain above-average efficiency. Use your appliances, regardless of age, in a more efficient way for savings on electricity, gas, and water. For example, wash full loads in your machine and use cold water settings. You can also air-dry clothes on a clothesline during warmer months so that you do not have to use a dryer.
The yellow stickers on appliances are the EnergyGuide labels and provide important information, including size and model, estimated energy consumption and yearly operating costs. This is a great comparison tool and way to estimate the total cost of an appliance over its lifetime.
Calculate which of your current appliances requires the most energy to operate by checking the wattage or the EnergyGuide label. Then, figure out which appliances you could replace for the biggest increase in efficiency and monthly utility savings. The refrigerator is one of the most energy-consuming appliances in the home, and replacing an older model with an Energy Star model can save you over 15 percent more on electric utilities. A new Energy Star certified washing machine uses 45 percent less water than standard models, which makes them a good first investment to reduce high water costs. With new technology, the air conditioners, boilers and furnaces available today are around 15 percent more efficient than those made 10 to 20 years ago.
Smart appliances can be linked to programmable energy management systems for an extra level of energy saving. For example, a programmable thermostat may control the HVAC system so you can create your own efficiency strategy from a mobile device, such as changing the temperature settings when no one is at home. Smart refrigerators and dishwashers are also available.
For more resources and budgeting advice on your energy-efficient purchase, visit your local Citizens First Bank in person or online.
