Pay Back Period of all appliances together
Add all the pay back periods of the best model selected on each appliance
5 (Refrigerator) + 0(Dishwasher) + 2.43(Water heater) + 0(Clothes Washer = 7.43
Since replacing each appliance to the most efficient model selected, you’ll get 7.43 years of pay back period.
Amount of Money you will save over a period of 10 years.
10+ 312+ 155.6 + 312 + = 789.6
Since replacing each appliance to the most efficient model selected, you’ll save $789.6 over a period of 10 years.
It is very important to check out the information such as its capacity, type, brand, price and the power consumption. Especially, you can assume the efficiencies of the appliances by calculating with the price and power consumption and compare them. The low price is not the most important and benefit for us because the appliance can be more efficient even it has higher price by having low power consumption. You can save lots of money if you compare the efficiencies before you buy appliance.
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