There are many ways to save money on appliances. According to the New York State Energy Research and Development Authority, 81 percent of respondents polled said that price is the most important consideration when choosing which appliance to purchase. However, only half of respondents said they took into account energy efficiency when making a decision.

Many people don’t realize the true cost of appliances is much more than the initial purchase price. Consumers can cut their energy bills by choosing the most efficient solutions year after year, up to 20-30 percent. These products are equipped with advanced technology that uses up to 50% less energy and water than the standard models. These savings can add up, especially when you consider that the average household spends $2200 annually on energy bills according to the EPA.

To find the best energy-efficient applianceFollow these steps to maximize your savings.

Step 1: Be aware that an appliance has two costs: the price it costs and the cost it takes to operate.

Step 2: Find the Energy Star label. It doesn’t matter what product details may have. “energy efficient”Although it may be listed, this does not necessarily mean it is the most efficient. Energy Star-certified products are independently tested to ensure that they meet strict standards for quality control and energy efficiency. They will provide the same or better service with less energy and help to preserve the environment. They offer better quality and longer lasting durability. Energy Star products are available in over 60 categories.

Step 3: Refer to the yellow EnergyGuide label. This label is found on all appliances and will give you an estimate of the annual operating costs as well as how much energy it uses. You can compare these two figures with similar models (even those with Energy Star labels) to determine which model is the most energy-efficient. Be aware that there are some products that are more efficient than others. “most energy efficient”You won’t always be able to wear the Energy Star label.

Step 4: Discard your old appliance. Ask your retailer if they offer a recycling program. You might find recycling centers in your local area that offer recycling programs. Many utility companies offer incentives to help you get rid of old appliances.

For more information, go to nyserda.ny.gov/save-.