Use your Green Deal cashback to upgrade your appliances
Posted by Ross Lammas on 5 July 2013 at 11:17 am
DECC has gone the whole hog in trying to make the economic argument for the Green Deal by offering ‘early adopters’ cashback as a sweetner.
The Green Deal is the Government’s flagship carbon emissions policy designed to encourage people to make their homes more energy efficient by installing insulation or replacing on old boiler. Funds are provided upfront and paid back over time through electricity bills.
If you sign up early you could be eligible for cashback of up to £1,000. (This depends on which energy saving measures you go for.) The best way to save even more on energy bills (and reduce CO2 emissions) is to use the cash to replace an old inefficient fridge, freezer or washing machine.
If an appliance is working, especially something as dull as a fridge, it seems unnecessary hassle to replace it, particularly when there are more pressing things to spend money on. However, it could be a shrewd move if your fridge is more than 15 years old. Newer models use far less energy. Check out the savings on sust-it’s old appliance calculator.
I’m not in favour of replacing items for the sake of it. My teenager daughter who wants to upgrade her functioning mobile phone, simply so that she can take ‘selfies’ (photo’s of yourself), will back me up on this. But if something is inefficient and costs a lot to run and you have the funds, you know it makes sense!
About the author: Ross Lamas is founder of sust-it.
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