Energy efficient appliances are key to saving money on utility bills. ENERGY STAR rated water heaters and furnaces are a smart buy and will pay for themselves through cheaper heating costs. Look for energy efficient water heaters in the following categories: solar, high efficiency gas non-condensing, gas condensing, gas tankless and electric heat pump. For furnaces: consider a high efficiency sealed combustion unit, which may cost more to buy, but will pay for itself in time through lower energy costs. You might even get a rebate for purchasing a new one, with the cash for appliance clunkers program.
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