Latest electrical appliances cost less to run
Looking for ways to cut your surging household electricity bill? The consumer group Choice crunched the costs for Fairfax Media on the average annual running tab for the latest models of 11 popular appliances.
Electric hot-water heaters continue to sap the budget more than any other standard device, costing $593 a year based on an off-peak rate of 12.77¢ per kilowatt-hour - half the 26¢ rate used to calculate the cost of other appliances.
Every large airconditioner unit you add to your home will cost almost as much in power as a water heater, or $534 each. That's roughly 50 times the cost to spin a ceiling fan.
The difference between a large fridge with a capacity of 525 litres or more compared with a 380-litre or smaller model is some $55 a year - or about the annual cost of running your electric oven and kettle.
All up, the newest appliances will cost about $2000 a year to run - a lot less than the devices you probably now own.
''Television, fridge and airconditioner efficiency requirements have been tightened significantly over the past few years,'' said Matt Levey, the head of campaigns at Choice.
''This means the difference between an efficient and an inefficient appliance can be quite significant,'' he said. ''For example, an inefficient TV could cost more than $180 a year to run - $100 more than the recent average model.''
Televisions, as it happens, will be the next appliance due for a government energy efficiency review.
From next April, Australia will also become the first Organisation for Economic Co-operation and Development country to regulate minimum energy performance standards for computers, pending agreement from the states, said Mark Dreyfus, the parliamentary secretary for climate change and energy efficiency.
For more on how the numbers were crunched, go to choice.com.au/energychoice.