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What does the Energy Star Label on Appliances Mean?

Products can earn the ENERGY STAR label by meeting the energy efficiency requirements set forth in ENERGY STAR product specifications. EPA establishes these specifications based on the following set of key guiding principles:

  • Product categories must contribute significant energy savings nationwide.
  • Qualified products must deliver the features and performance demanded by consumers, in addition to increased energy efficiency.
  • If the qualified product costs more than a conventional, less-efficient counterpart, purchasers will recover their investment in increased energy efficiency through utility bill savings, within a reasonable period of time.
  • Energy efficiency can be achieved through broadly available, non-proprietary technologies offered by more than one manufacturer.
  • Product energy consumption and performance can be measured and verified with testing.
  • Labeling would effectively differentiate products and be visible for purchasers.

Some states may have tax credits for Energy Star items.  Read more about at: http://www.energystar.gov/index.cfm?c=home.index

Contact the appraisers at www.socalappraisalserv.com for questions regarding value and Energy Star.

 

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