Comments on: Ford Targets Home Energy http://www.navigantresearch.com/blog/ford-targets-home-energy Mon, 21 Apr 2014 02:10:38 +0000 hourly 1 http://wordpress.org/?v=3.8.1 By: Chris Botting http://www.navigantresearch.com/blog/ford-targets-home-energy/comment-page-1#comment-24270 Fri, 25 Jan 2013 17:41:07 +0000 http://www.pikeresearch.com/?p=47162#comment-24270 I agree that seeing payback on energy efficiency appliances requires a long term view. But I respectfully submit that your math may be wrong: the payback will be much less than 50 years!

I haven’t seen the Georgia Tech study, but these numbers don’t add up. The average yearly household electric bill is indeed at least $1,200 (NPR: 908 kWh @ $0.12/kWh), but this is just for electricity. That doesn’t include gas (CNNMoney: household average is $357/mo, or $4417/year) for driving, or natural gas or other fuel for heating. The $37,550 of efficient hardware would save electricity, but also gas (the car) and heating fuel (Nest thermostat; hot water heater and dryer if run on natural gas). Without doing the math, I would expect the payback period to be under 10 years, or well within the expected lifetime of most of these appliances.

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