What is the best dishwasher for you?
We've all heard of the star rating system for appliance efficiency but there's more! In this presentation we look at:
You may be surprised at the results. The most expensive appliance is not necessarily the best!!
The Equipment Energy Efficiency (E3) program is a cross jurisdictional program through which the Australian Government, states and territories and the New Zealand Government collaborate to deliver a single, integrated program on energy efficiency standards and energy labeling for equipment and appliances.
On 1 October 2012, the Greenhouse and Energy Minimum Standards (GEMS) Act 2012 came into effect creating a national framework for product energy efficiency in Australia. The GEMS Act is the underpinning legislation for the program.
https://www.energyrating.gov.au/about-e3-program
The star rating is about energy efficiency – that is how efficient a model is relative to other models of the same size.
More stars means more efficient – when compared to other models of the same size.
Most products are given between 1 and 6 stars.
Tip: Always choose which size (or capacity) model you need first, then use the star rating to compare them.
So we now know how to select the best appliance, in this case a dishwasher, for our needs or do we?
If for example we use the star rating system we find a fairly large variation in results because this rating system allows for a range.
When selecting a dishwasher there is going to be a price difference between a more efficient option, say 4.5 stars compared to a less efficient one.
But questions need to be asked:
So we can see that the cheapest dishwasher is the Euromaid at $488 with a three star rating.
The most expensive dishwashers are the Ariston and Fischer and Paykel both with 3.5 star ratings.
In our example the difference between the cheapest dishwasher and the most expensive is $1311.
So we need to ask lots of questions?
We have determined the different prices for the clothes dryers but what about other factors:
Both the Ariston and Fisher and Paykel are the cheapest to run per year.
The most expensive is another Ariston model followed by the Euromaid.
The cost to run per year is an ongoing one.
I have assumed a price of $0.28/kWh and have multiplied this with the supplied kWh consumption per year and what has emerged is the following:
What accounts for this disparity?
We have 2 x models with 4 stars and 4 x models with 3.5 stars with a decent variation in prices.
This is an interesting area as the star rating system is, effectively, a range. In the examples we have presented the models range from 3 to 4 stars:
Why is this the case? It’s because the star rating is simply a guide and also takes into account the capacity of the dishwasher as well.
So we have a range of prices and yearly operating costs and star ratings.
So the question is, if I do buy a more expensive machine, how long would it take to pay off?
Also what if I selected a cheaper model and invested my money in the bank?
Would this be a better option?
Have selected the Bosch 60cm Series 6 Anti-Fingerprint Freestanding Dishwasher and the Ariston 60cm Freestanding Dishwasher - Stainless Steel
A small difference in price and a considerable difference to run per year based on $0.28 kWh:
If the more expensive option was selected it would take 13 years to recoup the difference in price via the savings.
Difference in price $400
If your decision is made purely on best dollar value buying the cheaper dishwasher would be the go!
So what is the maximum number of years if we invest the difference at a certain interest rate to match the payback?.
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