Energy is expensive. In fact, it is one of the largest household expenses for American consumers. The average US family spends at least $2,000 annually to utilities, according to the U.S. Department of Energy, with space heating and cooling alone accounting for more than half of the bill. In 2022, the average consumer spent another $3,120 on engine fuel and oil.
The Department of Energy estimates that adopting energy-efficient measures at home could reduce a family's utility costs by up to 25 percent. It needs maintenance, especially during season with increasingly high temperatures. When it comes to transportation, the agency found that a more fuel-efficient vehicle could save the average driver $950 per year.
We are already making some progress with increasing energy efficiency. The US Energy Information Administration is waiting 16% electricity generation in 2023 will come from solar and wind power.
To measure the impact of doing more with less energy, WalletHub measured the energy efficiency of auto and home appliances in 48 US states. Due to data limitations, Alaska and Hawaii were excluded from our analysis.
