Energy Guide Labels: What Are They and How They Help You

Energy Guide Labels: What are They and How They Help You - Quicken Loans Zing Blog Whether you need new appliances or just have to replace the ol’ Norge, purchasing energy-efficient ones helps you save money by reducing energy consumption. But which fridge is the best for your home? If you’re like me, you don’t have hours to spend researching the best one.

No worries! When you go to the store, you’ll see a bright yellow tag under many appliances. This is the Energy Guide label, and it helps you pick the right appliance that meets your needs right on the spot.

You can find Energy Guide labels on appliances like washers, dishwashers, water heaters, window AC units, refrigerators, freezers, central AC units, boilers, furnaces, boilers, pool heaters and heat pumps. Unfortunately at the moment, TVs, ovens, ranges, dryers, dehumidifiers and humidifiers don’t have these labels.

If you don’t see the Energy Guide label, make sure to ask a store representative to help you find it. By law, stores and the appliances listed above should have the labels displayed for customers.

Each label contains the following information to help you compare options:

  • Name, model, and size
  • Additional features
  • Estimated yearly operating cost
  • Range chart showing the least and most efficient models’ yearly operational cost and where the model you’re looking at compares
  • Estimated yearly energy usage in kilowatt hours
  • Optional: ENERGY STAR logo certifying it as eco-friendly

While at the store, keep in mind that Energy Guide labels only give you a ballpark estimate of what it might cost you each year to run an appliance. Costs can vary depending on how much your utility company charges and your own personal energy usage.

Some appliances, like dishwashers or dyers, may have two estimated operating costs on the label. This shows you the yearly operating cost to run the appliance on gas verses electrical power – helping you pick the most efficient energy method to run the appliance.

You might discover that the return on investment on a more expensive appliance is faster than a cheaper model that’s not as efficient. Or, you might find out the opposite is true. Either way, comparing models at the store helps you make an informed decision faster.

I’m sure you’re probably sad to see the Norge go, but think of the money and energy you’ll save by replacing it. Now, it’s even easier than ever because you don’t have to spend hours combing through information on the Internet. You can compare appliances right in the aisle with the Energy Guide labels.

Have you seen these labels before? Did they influence your purchase? Share your experience with other Zing readers!

 

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