The price of power

Homeowners know that wrapping an insulating blanket around the hot-water heater will save them some money on their electricity bills, but how much? What about bumping the thermostat up one degree during the evenings in summertime? And what if a buyer is thinking about replacing the outdated refrigerator that conveyed with the house with a new energy-saver model–how many years will it take to recoup the purchase cost?

Consumers can find calculators and information to help them analyze situations like these at EnergyGuide.com. This site offers online tools to help people make decisions about appliances like air conditioners and washing machines.

Homeowners can also analyze their entire home’s energy use. The analyzer generates a report that compares a house with similar dwellings and provides tips for saving money.

Product comparisons, cost comparisons of electricity providers, general information about energy, and even details on rebate programs and other special deals are all available on the site, as well.

For another way TAR members can save money on electricity, see "TAR member companies can now save big on energy costs."

Illustration© Artville.

Buyers & sellers, visit www.texasrealestate.com.
REALTORS®, visit www.texasrealtors.com.