You want a good return on your stocks and other investments, but what about the household products you buy?
You might not think of your everyday household items as a source of high ROI – return on investment – but you should. Here are a few energy savings products that are worth the investment:
High-Efficiency Shower Head
Showerheads that carry a “water saving” designation can lower water flow rates to less than 2 gallons per minute, less than half of what they were 20 years ago. That’s a savings of about 2,300 gallons per household per year, according to the Environmental Protection Agency.
That not only saves money on your water bill, but on your water-heating bill. The EPA estimates the average household could save 300 kilowatt hours of electricity annually, which is enough to power a television for one year.
You can buy a water-saving showerhead for as low as $15. Assuming an electricity rate of about 15 cents a kilowatt hour, that would save you about $45 a year.
Product pays for itself in: 4 months.
Solar Holiday Lights
The real savings, of course, comes on your electric bill, which can soar during December, depending on how Clark Griswold you get. (Remember Chevy Chase’s “Christmas Vacation,” with the 20,000 outdoor lights and tree that wouldn’t even fit in the house?!)
A string of 100 lights can use as much as 90 kilowatt hours of electricity in a season. If you calculate it at 15 cents an hour, that’s $13.50 and that strand pays for itself in about two seasons. (That may not seem like a lot but multiply it by 10 strands and you’re over $100 in electric costs.)
Not to mention, Oxenreider points out, you won’t have to worry about hiding the extension cords!
Product pays for itself in: About two seasons.
Programmable Thermostat
We waste a ton of energy while we’re sleeping and at work. With a programmable thermostat, which you can get for as little as $40, Consumer Reports estimates you can easily trim up to 20 percent off your heating and cooling bill by adjusting the temperature 5 to 10 degrees during those times.
If your monthly bill is $175 or more, that $40 product will pay for itself in just one month.
And, here’s the real bonus: You can set it to turn on half an hour before you wake up or before you come home from work – so no more freezing runs to the shower or hovering over the stove for warmth while the heat kicks on.
Product pays for itself in: 1 month.
10 Products That Pay for Themselves




