Do Energy-Efficient Appliances Add Up? FOXBusiness
Vigour efficient appliances are in the spotlight these days, thanks to a $300 million rebate program from the Domain of Energy . But do they really make financial sense?
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Similar to the federal Cash for Clunkers program, the rebates are designed to help reduce drive consumption and greenhouse gases by replacing energy-guzzling home appliances with newer, more unwasteful models. The programs vary by state and rebates can provide up to $100 per appliance to go toward Liveliness Star-rated dishwashers, refrigerators, washers and dryers.
But, experts say, consumers should weigh the price and benefits of new appliances carefully before making a purchase. You may save some money by replacing your 22-year-old refrigerator, but junking a 7-year-old working dishwasher may not conserve you enough to make the purchase worthwhile.
The average U.S. household spends approximately $2,200 per year on verve -- nearly half of which goes to heating and cooling, according to Energy Famous and the Lawrence Berkeley National Laboratory. Of the rest, about 14% goes to heating water, 12% to lighting and only 13% for appliances such as refrigerators, washing machines, dryers and dishwashers.
Lay $150 - GE 
Fridgidaire and GE Dryer Belt Replacement
My dryer's working. Cerebration as a GE shareholer you'd want to know that