What's the better deal for your pocketbook and the environment: a new major appliance or a refurbished one?

Several consumers who recently replaced washers and dryers told our research team that they bought used, because those models might last just as long as new ones and that reusing is a good "green" practice.

One couple said that when their 20-year-old washing machine finally died, they were disappointed when the brand-new replacement lasted only five years. Instead of taking a chance on another new model, they spent $250 on a used model they figure will last at least as long as a new one.

Another consumer bought a refurbished dryer for $200, rather than spending $1,000 on a unit she believed would last no more than the 10 years she expects her used unit to remain reliable.

To these people, and others like them, buying used saves the green in wallets while eliminating the need to use resources to make a new washer or dryer.

Highly rated appliance repair pros tell our team that new appliances tend to have about half the life span of past models. Reasons they cite include the use of cheaper raw materials and a greater reliance on computerized systems.

So if it's time for you to replace a major appliance, particularly a washer or drier, consider whether a refurbished model might be a good value, and find a local shop that's gotten good consumer reviews on a trusted online site.

Before you buy new:

Consider a unit's EPA Energy Star rating, but also how long it's expected to last.

Research possible features and decide before shopping which ones you actually need.

Here is the original post:
Thinking 'green' when replacing appliances

What's the better deal for your pocketbook and the environment: a new major appliance or a refurbished one?

Several consumers who recently replaced washers and dryers told our research team that they bought used because those models might last just as long as new ones and that reusing is a good "green" practice.

One couple said that when their 20-year-old washing machine finally died, they were disappointed when the brand-new replacement lasted only five years. Instead of taking a chance on another new model, they spent $250 on a used model they figure will last at least as long as a new one.

Another consumer bought a refurbished dryer for $200 rather than spend $1,000 on a unit she believed would last no more than the 10 years she expects her used unit to remain reliable.

To these people, and others like them, buying used saves the green in wallets while eliminating the need to use resources to make a new washer or dryer.

Highly rated appliance repair pros tell our team that new appliances tend to have about half the life span of past models. Reasons they cite include the use of cheaper raw materials and a greater reliance on computerized systems.

So if it's time for you to replace a major appliance, particularly a washer or drier, consider whether a refurbished model might be a good value, and find a local shop that's gotten good consumer reviews on a trusted online site.

Before you buy new:

n Consider a unit's EPA Energy Star rating, but also how long it's expected to last.

n Research possible features and decide before shopping which ones you actually need.

More:
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Home > News > education-news

Patna, Mar 14 : ICICI Academy for Skills (ICICI Academy) on Friday announced the launch of a centre in Patna, to provide vocational training to the youth from the economically weaker sections and help them earn a sustainable livelihood.

The centre will offer courses in four disciplines - electrical & home appliance repair, refrigeration & air conditioning repair, pumps & motor repair and retail cafe operations.

ICICI Academy has formalised the content of the courses for electrical & home appliance repair, refrigeration & air conditioning repair, pumps & motor repair and retail cafe operations with knowledge partners namely, Schneider Electric India Pvt. Ltd., Blue Star Ltd., Crompton Greaves Ltd. and Cafe Coffee Day respectively.

The centre in Patna offers residential facilities for the students enrolled in these courses.

ICICI Foundation for Inclusive Growth (ICICI Foundation) started the ICICI Academy in line with its plan to promote inclusive growth. ICICI Academy aims to train 5,000 youth at nine training centres across the country in the first year of operation.

Announcing the launch, Nimesh Shah, MD & CEO, ICICI Prudential AMC said: "The ICICI Group, through its CSR and business initiatives, has worked towards building a social infrastructure that can help every person engage in productive and remunerative economic activity. The ICICI Academy has been set up as an extension of this belief wherein, we will look towards developing vocational skills in youth to help them earn a sustainable livelihood. We hope that the skills learned through this academy will equip individuals to play an important role in driving India's growth story in the coming decades."

Over the past five years, the ICICI Group and ICICI Foundation's CSR philosophy has been focusing on four key areas namely primary healthcare, elementary education, skill development for sustainable livelihood and financial inclusion, enabling people to participate in the economic opportunities arising in India. These initiatives have impacted the lives of more than 10 million people across the country.

After launching its maiden centre in Jaipur in October 2013, ICICI Academy launched centres in Chennai, Hyderabad, Bangalore, Pune, Coimbatore and Narsobawadi (Maharashtra). Guwahati Centre of the Academy is being launched next week.

In addition to the training offered at the centres, ICICI Academy provides uniforms, meals and all relevant course material to the students. Each centre also has a library for the students to use.

Read more here:
ICICI Academy for Skills launches centre in Patna

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