Your Appliances and Electronics Cost More Than You Think
Just as you buy gas to drive your car, you have to pay for electricity to run your electronics and appliances. You may be surprised by how much you can save with the most energy efficient products.
As you can see above, where you live and how often you use your TV make a big difference on your energy cost. That's where Enervee comes in - our focus is on helping you find the lowest personal cost of owning a product so you can save big!
We start by capturing retail prices and energy consumption profiles for tens of thousands of products covering most of the common appliances in the home such as fridges, freezers, dishwashers, washers, dryers, ovens, and air conditioners as well as electronics such as TVs, computers, printers, and projectors. We do this on a daily basis to ensure that we are covering all of the latest products on the market.
Once we know the energy usage of a specific product, we need to know how often (hours of TV watching per day or loads of laundry per week) and how long (number of years) you plan to use it. This quick calculation will dramatically affect your energy cost.
With your custom usage profile, we can then apply your local utility rate from our database of over 3,000 power companies. Your utility rate has a huge impact on your energy cost as depending on where you live, rates in the US can be as low as 6 cents per kWh to as high as 38 cents per kWh. That's a cost difference of over 5X!
So what's a good energy cost?
It's eye-opening to see how your energy cost can change based on where you live and how you much TV you watch, but what does $3 or $226 really tell me about the energy efficiency of this product? Since your energy cost is influenced by many factors beyond the product itself, we need another way of comparing its energy efficiency against other models.
That's why we created the Enervee Score, a 0 to 100 (best) energy efficiency rating that is cost and size independent. We do this by analyzing the energy consumption and capacity of each product (i.e. size, volume, or processing speed). This allows you to do a side by side comparison of the above 51" Samsung Plasma TV with a 46" Panasonic Plasma TV or even a 90" Sharp LED TV.
Armed with your personal energy cost and the Enervee Score, you are now ready to be an energy-smart shopper!
Next: The Enervee Eco-View