Include An Upgraded Refrigerator In Your 203K Mortgage

Thanks to recent improvements in insulation and compressors, today’s refrigerators use much less energy than older models. With an ENERGY STAR qualified refrigerator, you can maximize your energy and dollar savings without sacrificing the features you want.

Slash your energy bills.
ENERGY STAR qualified refrigerators are required to use 20% less energy than models not labeled with the ENERGY STAR logo. Choose a new qualified model rather than a non-qualified model and cut your energy bills by $165 over the lifetime of your fridge.
Replace your old fridge for bigger savings.
If you still have a fridge from the 1980s, replace it with an ENERGY STAR qualified model and save over $100 each year on your utility bills. Replace a fridge from the 1970s and save more than $200 each year! Use the ENERGY STAR Savings Calculator to find out exactly how much money you’ll save by replacing your existing refrigerator.
Protect the environment.
Nearly 70% of U.S. electricity is generated with coal and natural gas, which release greenhouse gasses into the atmosphere and contribute to climate change. ENERGY STAR qualified refrigerators use less energy and help us reduce our impact on the environment.

	Refrigerators originally qualified for the ENERGY STAR label in June 1996. ENERGY STAR qualified refrigerators are 20% more efficient than non-qualified models and are 20% more efficient than models that simply meet the federal minimum standard for energy efficiency. Refrigerators and Freezers Key Product Criteria: ENERGY STAR What else should I look for when buying a refrigerator? Ask for an ENERGY STAR model. When buying a refrigerator, request an ENERGY STAR qualified model to ensure it is energy efficient. Check the yellow EnergyGuide label. Use this label to determine the model’s energy use, compare the energy use of similar models, and estimate annual operating costs. Learn How to Use the EnergyGuide Label. Consider buying a refrigerator with a top-mounted freezer. Models with top-mounted freezers use 10–25% less energy than bottom-mount or side-by-side models. Purchase an appropriately sized refrigerator. Generally, the larger the refrigerator, the greater the energy consumption. The most energy-efficient models are typically 16–20 cubic feet. Consider skipping the ice-maker and dispenser. Automatic ice-makers and through-the-door dispensers increase energy use by 14–20%. They also raise the purchase price by $75–250. Related Information: Refrigerator Usage Best Practices Click here to sign up for our FREE online class: “Buy & Remodel All in One Loan”.

Refrigerators originally qualified for the ENERGY STAR label in June 1996. ENERGY STAR qualified refrigerators are 20% more efficient than non-qualified models and are 20% more efficient than models that simply meet the federal minimum standard for energy efficiency.
Refrigerators and Freezers Key Product Criteria: ENERGY STAR

What else should I look for when buying a refrigerator?

Ask for an ENERGY STAR model.
When buying a refrigerator, request an ENERGY STAR qualified model to ensure it is energy efficient.

Check the yellow EnergyGuide label.
Use this label to determine the model’s energy use, compare the energy use of similar models, and estimate annual operating costs. Learn How to Use the EnergyGuide Label.

Consider buying a refrigerator with a top-mounted freezer.

Models with top-mounted freezers use 10–25% less energy than bottom-mount or side-by-side models.

Purchase an appropriately sized refrigerator.
Generally, the larger the refrigerator, the greater the energy consumption. The most energy-efficient models are typically 16–20 cubic feet.

Consider skipping the ice-maker and dispenser.
Automatic ice-makers and through-the-door dispensers increase energy use by 14–20%. They also raise the purchase price by $75–250.

Related Information:
Refrigerator Usage Best Practices

Click here to sign up for our FREE online class: “Buy & Remodel All in One Loan”.

Posted by The 2 Mortgage Guys on Jul 26, 2011 in Consumer, FHA Facts, Home & Auto, Tips | 0 comments

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