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The EnergyGuide label on new refrigerators will tell you how much electricity in kilowatt-hours (kWh) a particular model uses in one year. The smaller the number, the less energy the refrigerator uses and the less it will cost you to operate. In addition to the EnergyGuide label, don't forget to look for the Energy Star label. A new refrigerator with an Energy Star label will save you between $35 and $70 a year compared to the models designed 15 years ago. This adds up to between $525 and $1,050 during the average 15-year life of the unit.

When shopping for a new washer, look for a front loading (horizontal-axis) machine. This machine may cost more to buy but uses about a third of the energy and less water than a top-loading machine. With a front loader, you'll also save more on clothes drying, because they remove more water from your clothes during the spin cycle. Look for the Energy Star label.

About 80 percent to 85 percent of the energy used for washing clothes is for heating the water. There are two ways to reduce the amount of energy used for washing clothes - use less water and use cooler water. Unless you're dealing with oily stains, the warm or cold water setting on your machine will generally do a good job of cleaning your clothes. Switching your temperature setting from hot to warm can cut a load's energy use in half.