Smart Advice Renovating a Home

Learn just how much you could save on energy costs with these practical tips for homeowners.
Carissa Lucreziano May. 25, 2021 3 minute read
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Here's the scoop

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How much money can you realistically save?

Action Estimated savings2
Switch to an energy-efficient washing machine Save 33% in energy costs and 50% in water costs
Switch to an energy-efficient dryer Save 20% in energy costs
Switch to an energy-efficient refrigerator Save 15% in energy costs
Switch to an energy-efficient freezer Save 10% in energy costs
Switch to an energy-efficient dishwasher Save 12% in energy costs and 30% in water costs
Switch to energy-efficient windows Save 20% in energy costs
Switch to energy-efficient doors Save 15% in energy costs
Use cold water rather than hot water Save 18% in energy costs
Install a programmable thermostat Save 10% in energy costs

Ready to hop on the bandwagon? Here's what to do next.

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Written by

Carissa Lucreziano
Vice President, Financial and Investment Advice, CIBC Personal and Business Banking

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