Make Sure Your Energy Savings Products Really Save you Money
January 10th, 2012
There are two main reasons why this area has been infiltrated by con artists:
- Money-savings from energy-efficient products is not immediate. It takes time to see the cost-effectiveness of your sparkly new appliance or contraption. By the time you realize you bought a bogus product, the scammers will be long gone.
- The market for energy-efficient products is filled with technobabble, making it hard for consumers to fully understand what’s going on.
Want to avoid falling in the trap? Here are some tips:
- Ask for back-up information. By law, companies are required to back-up their energy-savings claims with scientific data. If a product is the real deal, the company will have the info to back it up.
- Make sure you understand how long it will take to pay a product off with the money you save on energy bills.
- Don’t get tripped up by technobabble. Make sure you understand everything before you take the plunge, even if it means asking 100 questions.
- Double-check that the device is actually an energy-efficient device by going to the Energy Star website.
- Shop around or get a second-opinion.