Whirlpool CEO Fettig: Appliance Replacement is Biggest Energy Efficiency Opportunity
Jun 3, 2013
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Jeff Fettig, chairman and CEO of Whirlpool Corp., discussed the company's environmental responsibility as a leader in the global home appliance industry during a keynote address at EE Global 2013 in late-May 2013.
Fettig opened a plenary session on "The Next Generation of Energy Efficiency: Driving Productivity through Investment, Modernization and Education," and issued a call to action to the appliance industry, consumers, and government agencies.
"Today, there are more than 860 million appliances in the U.S. This is a huge industry with a huge impact," Fettig said. He added that Whirlpool incorporates energy efficiency into all aspects of its operation. He said, "Every appliance we make is more energy efficient than the appliance we made a year ago, five years ago and 10 years ago."
Fettig said focusing on appliance replacement is the industry's biggest opportunity in energy efficiency. By way of example, he said a new washer in 2013 is 77% more efficient than one from the year 2000, costing just $66 a year to run. Consumers who replace older models would save $117 a year.
Fettig said the improved energy efficiency of all the refrigerators, freezers, dishwashers, and clothes washers shipped to consumers in 2012 will save 111 trillion kWh during their lifetime.
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