I know it’s hard to believe, but there are some cases in which a $900 refrigerator really costs $200. There are also instances when repairing your old fridge can be more wasteful than buying a new one. Sound confusing? There’s an app for that.
The WattzOn Appliance Advisor app makes it possible to compare the lifetime energy savings of particular appliances right on your phone. Instead of studying those yellow Energy Star labels and trying to guess how much a newer, more efficient appliance can save you over time, the app does all the calculations for you. It even incorporates prices at your local retailer and local utility rates to make the estimate as customized as possible.
According to the Department of Energy the more than than 140 million refrigerators in U.S. homes account for $19.2 billion in annual energy spending. The app works by synthesizing appliance energy consumption data from the Department of Energy and the FTC, using it to generate energy cost projections for specific models using local utility rates. The app also shows the total cost of ownership, which is the purchase price plus projected electricity costs, and allows people to compare models from across brands and stores to find the best value. User can then create and share lists with others.
The folks at WattzOn know that creating and energy efficient home can be stressful and expensive, so they decided to start small. As it stands right now, the app only offers information about refrigerators, but there are plans to add more appliances in the future.
“Upgrading the nation’s 46 million refrigerators that are 10 or more years old would have a huge impact on both lowering people’s energy bills and our national energy use,” said Martha Amram, CEO of WattzOn. “We’re always looking for new ways to help people save money by reducing their home and auto energy use. The WattzOn Appliance Advisor does just that. The government produces critical data and we’re putting that data at people’s fingertips in a user friendly application.”
The app is free and available for iPhone, Android and Windows phones.