Trying To Update An Old Home? Pick Appliances That Save You Big Money

If you have bought an old house that needs a lot of the appliances replaced, make sure you make the best financial decisions when making the upgrades. Choosing materials that are good for the environment can put money back in your pocket over time.

There are many efficient appliance options but not all of them are created equally. Here are a few of the appliances you should consider using when updating the space, so you can have an efficient home that actually saves you money.

Gas Dryer

If you have to buy a dryer or the home currently has an electric dryer, consider making the upgrade to gas. A gas dryer can save you 50 cents per load of laundry, which can be several dollars a month if you're doing a lot of laundry. It also dries clothes faster so can run for less time, preserving the components. The gas dryer costs more than an electric, but the return is worth the investment.

Tankless Water Heater

The tankless water heater works differently than the old large water heaters that store water around the clock. Instead, the unit waits for you to turn on the faucet and then only heats water that's needed. This means it doesn't use electricity or gas all day long to keep water hot. You can even use multiple uses throughout the house to get hot water more easily and to save even more.

An Efficient Furnace

If the furnace is over a decade old, it's not as efficient as it could be. You could be overpaying every time you let the furnace run to heat the house, and paying more money than necessary to get the house to the temperature that you have set. Upgrade to a furnace model that words at 90 percent efficiency for your home, and follow these other heating and cooling money saving tips to keep more money in your pockets.

Not only are all of these upgrades going to help you lower your utility bills throughout the time you live at the house, but you could also get some discounts and tax breaks when you file your state or federal taxes. Look for models that qualify for tax rebates when you pick out appliances. Some appliances qualify for rebates due to their energy efficiency ratings. Talk with your installation professionals to make sure that you get the most suitable appliances for your home.

To learn more, contact a company like Smedley & Associates, Plumbing, Heating, Air Conditioning.