3.4 Cost of effectiveness matters

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  • Created by: Twins 1&2
  • Created on: 16-06-13 15:18

3.4 Cost of effectiveness matters

Cost effectiveness means getting the best value for money.

To compare the cost effectiveness of different appliances, we need  to consider a number of different costs:

  • Buying appliance
  • Installing appliance
  • Running cost
  • Maintenance cost
  • Environmental cost
  • Interest loan on appliance

Many households reduce their energy bill  by installing things like loft insulation and double glazed windows, which are designed to reduce energy wastage.

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3.4 Cost of effectiveness matters

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