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Futures: /quotes/zigman/43106711/delayed S&P 500 -1.9% /quotes/zigman/48241424/delayed DOW -1.9% /quotes/zigman/43108768/delayed NASDAQ -2.2%

need to know
FTSE 100 hits lowest level since 2012
Sweden cuts key rate further below zero
SocGen profit up on Amundi stake sale
Shell cancels $14.4 billion bridge credit facility
Crude price pushes below $27 a barrel

Hong Kong stocks dive as selloff kicks in
U.S. government runs $55 billion budget surplus

Twitter proves Wall Street critics were right
Twitter adds new timeline feature

North Korea reportedly executes top general

India to pick up China’s slack in oil demand

BP CEO calls for cuts to carbon emissions
If you’re bullish on oil, these stocks are buys

Bass issues warning on China’s foreign cash reserves
What’s holding back the world economy?
China's FX reserves drop $99.47 bln


Yellen: Fed isn’t sure negative rates are legal
Yellen doesn’t expect to reverse Fed rate hike
Yellen gets into heated exchange at hearing
Bond market, Yellen face off on negative rates

Burger King to start selling hot dogs

Wendy's profit, revenue top estimates
McDonald’s breakfast boost may not last


Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

Christie, Fiorina drop out of presidential race

A break for zombie-fighting Amazon developers

Expedia doesn’t see Airbnb as a threat

What Apple, Amazon and Starbucks have in common
Amazon up after new share buyback plan

Portland Trail Blazers guards Damian Lillard and C.J. McCollum live with ... mom
Meet the NBA stars who live with their mothers

REIT bonus targets at heart of Brixmor scandal

Private-equity firms now buying back their own shares

Has college financial aid totally backfired?

Michael Moore: Imagine life without student debt
6 ways Obama would make college affordable

Why is everyone freaking out about ‘CoCos’?

Social Security in the crosshairs: replacement rates again
Stage is being set for cuts to Social Security

Is it wise to hold on to cash reserves?

/conga/frontpage.html 367670

Markets »

122.29MDow Volume:
Avg Vol: 131.80M
Unchanged
201
Decliners
3048
Advancers
3255
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 15,915 -100 0.62%
Nasdaq
/quotes/zigman/12633936/realtime 4,284 +15 0.35%
S&P 500
/quotes/zigman/3870025/realtime 1,852 0 0.02%
GlobalDow
/quotes/zigman/629063/realtime 2,063 -17 0.83%
Gold
/quotes/zigman/33772884/delayed 1,227 +32 2.69%
Oil
/quotes/zigman/2260836/delayed 26.65 -0.80 2.91%
FTSE 100
/quotes/zigman/3173262/delayed 5,530 -143 2.52%
DAX
/quotes/zigman/2380246/delayed 8,766 -251 2.78%
CAC 40
/quotes/zigman/3173214/delayed 3,907 -154 3.80%
FTSE MIB
/quotes/zigman/1482176/delayed 15,888 -826 4.94%
IBEX 35
/quotes/zigman/2759620/delayed 7,825 -319 3.91%
Stoxx 600
/quotes/zigman/2380150/delayed 304 -11 3.40%
Asia Dow
/quotes/zigman/6959860/realtime 2,439 -15 0.60%
Nikkei 225
/quotes/zigman/5986735/delayed 15,713 -372 2.31%
Hang Seng
/quotes/zigman/2622475/delayed 18,546 -742 3.85%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,952 -807 3.40%
Singapore
/quotes/zigman/1709939/delayed 2,538 -44 1.70%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.19%
Yen
/quotes/zigman/16008150/realtime/sampled 111.68 -1.68 1.48%
Pound
/quotes/zigman/16008140/realtime/sampled 1.44 -0.01 0.54%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 -0.01 0.73%
DXY Index
/quotes/zigman/1652083/delayed 95.53 -0.29 0.30%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.74 -0.14 0.16%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.63 -0.04 2.53%
German 10y
/quotes/zigman/15866409/realtime 0.18 -0.06 26.35%
Italy 10yr
/quotes/zigman/15866497/realtime 1.71 +0.07 4.06%
Spain 10yr
/quotes/zigman/15866444/realtime 1.78 +0.06 3.55%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.33 -0.08 5.74%
Japan 10yr
/quotes/zigman/15866525/realtime 0.01 0.00 0.00%
Crude Oil
/quotes/zigman/2260836/delayed 27 -1 2.91%
Gold
/quotes/zigman/33772884/delayed 1,227 +32 2.69%
Corn
/quotes/zigman/25518691/delayed 361 +0 0.07%
DJIA F
/quotes/zigman/48241424/delayed 15,570 -296 1.87%
S&P F
/quotes/zigman/43106711/delayed 1,812 -35 1.90%
Silver
/quotes/zigman/32655632/delayed 16 +0 2.02%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.00 1.46 1.47%
AAPL /quotes/zigman/68270/composite 94.27 -0.72 -0.76%
GOOG /quotes/zigman/59527964/composite 684.12 6.01 0.89%
BAC /quotes/zigman/190927/composite 11.98 -0.22 -1.80%
C /quotes/zigman/5065548/composite 37.41 -0.10 -0.27%
F /quotes/zigman/264304/composite 11.34 -0.01 -0.09%
T /quotes/zigman/398198/composite 36.43 -0.22 -0.60%
BP /quotes/zigman/247026/composite 28.04 -0.31 -1.09%
GE /quotes/zigman/227468/composite 28.30 0.02 0.07%
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Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

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Pay Dirt
A daily look at what we buy, how we spend, and the companies that do right - and wrong - by their customers.

For Appliances, Does Energy Efficiency Sell?

A new study suggests that energy-efficient products now dominate sales in some appliance and electronic categories—and lag in others. Whether or not people buy those products may in some cases have less to do with eco-friendliness and utility bill savings than with the products’ secondary perks.

Justin Sullivan/Getty Images

Energy Star is a program run by the U.S. Environmental Protection Agency and Department of Energy that identifies the most energy-efficient products on the market. Energy Star products account for close to 100% of the sales of some appliances like dishwashers and televisions, but they command relatively little of the markets for desktop computers and freezers, making up 17% and 21%, respectively, according to a new report by the U.S. Energy Information Administration. The report measured market penetration of Energy Star products in 2011.

Experts who study consumer behavior say that, in some cases, side benefits of energy efficiency may be driving adoption of the Energy Star-rated products rather than the star itself. Energy Star notebook computers, for example, have one of the highest market penetration rates at 75%, but they also have one particular perk consumers really want: longer battery life. Compare that with desktop computers, which stay plugged in and which consumers may buy more for their speed and compatibility with certain programs and games.

“There’s this competitive pressure to actually make notebook computers more energy efficient,” says Ken Gillingham, assistant professor of economics at Yale University’s School of Forestry & Environmental Studies. “Some of it does relate to the things people care about when they’re purchasing.”

With TVs, which have had historically high adoption rates for Energy Star products (last year, 96% of products shipped carried the rating), efficiency may go hand in hand with trendy design, as the flat-screen products that now dominate consumer tastes also tend to use less energy. “Just by moving to that technology you’re improving the energy efficiency,” Gillingham says.

With washing machines, too, energy efficiency happens to coincide with a feature that consumers are warming to. Energy Star washers now hold 60% of the market, and most of those are frontloading models, which consumers believe are gentler on clothing, according to Lowell Ungar, director of policy at Alliance to Save Energy. “People like the way they wash clothes,” Ungar says.

And in many categories, consumers who go upscale may be unwittingly going green. Experts say most premium appliances on the market now carry the Energy Star rating, so the more energy efficient fridge is also likely to have a stainless steel door or a great ice maker. That means people might pay extra for the Energy Star product even if they don’t think the energy savings alone justify the premium price, according to the EIA. “Even if the Energy Star product is not inherently better, it’s become kind of a brand of quality,” Ungar says. “These are often better products as well.”

 

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 8)

View all Comments »
    • Visit MartRing.com where everyday is a Blackfriday. Clearnance deals from top retailers. MartRing.com is the place to find deal posted which are refreshed every hour.

    • informative. Visit MartRing.com where everyday is a Blackfriday. Clearnance deals from top retailers. MartRing.com is
      the place to find deal posted which are refreshed every hour.

    • This article makes no sense, or the author doesn’t even have the basic familiarity with appliances that would come with reading consumer reports. Energy Star requirements vary widely – In some appliance categories virtually every appliance sold qualifies as Energy Star. Guess What? Energy Star has very high penetration in those categories. Shocking. And in other categories Energy Star is fairly difficult and/or expensive to achieve.

    • Until the prices of these “energy efficient” appliances becomes more reasonable, I am not interested in them. I need bang for my buck, and if that means buying a washer that is a little less “green” than another in order to get good performance, so be it.

    • It sells when it actually makes sense. I had to purchase a new washer a couple of years ago, and the effient models were significantly more expensive. I did the math to estimate how long it would take for the energy/water savings to make up the difference in price. 15 years. Until the savings are a little more substantial, I’m not going to invest in those models.

About Pay Dirt

  • Pay Dirt examines the millions of consumer decisions Americans make every day: What to buy, how much to pay, whether to rave or complain. Lead written by Quentin Fottrell, the blog examines these interactions, providing readers with news, insight and tips on shopping, spending, customer service, and companies that do right – and wrong – by their customers. Send items, questions and comments to quentin.fottrell@dowjones.com or tweet @SMPayDirt.

MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

New York Markets Open in:

Futures: /quotes/zigman/43106711/delayed S&P 500 -1.9% /quotes/zigman/48241424/delayed DOW -1.9% /quotes/zigman/43108768/delayed NASDAQ -2.2%

need to know
FTSE 100 hits lowest level since 2012
Sweden cuts key rate further below zero
SocGen profit up on Amundi stake sale
Shell cancels $14.4 billion bridge credit facility
Crude price pushes below $27 a barrel

Hong Kong stocks dive as selloff kicks in
U.S. government runs $55 billion budget surplus

Twitter proves Wall Street critics were right
Twitter adds new timeline feature

North Korea reportedly executes top general

India to pick up China’s slack in oil demand

BP CEO calls for cuts to carbon emissions
If you’re bullish on oil, these stocks are buys

Bass issues warning on China’s foreign cash reserves
What’s holding back the world economy?
China's FX reserves drop $99.47 bln


Yellen: Fed isn’t sure negative rates are legal
Yellen doesn’t expect to reverse Fed rate hike
Yellen gets into heated exchange at hearing
Bond market, Yellen face off on negative rates

Burger King to start selling hot dogs

Wendy's profit, revenue top estimates
McDonald’s breakfast boost may not last


Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

Christie, Fiorina drop out of presidential race

A break for zombie-fighting Amazon developers

Expedia doesn’t see Airbnb as a threat

What Apple, Amazon and Starbucks have in common
Amazon up after new share buyback plan

Portland Trail Blazers guards Damian Lillard and C.J. McCollum live with ... mom
Meet the NBA stars who live with their mothers

REIT bonus targets at heart of Brixmor scandal

Private-equity firms now buying back their own shares

Has college financial aid totally backfired?

Michael Moore: Imagine life without student debt
6 ways Obama would make college affordable

Why is everyone freaking out about ‘CoCos’?

Social Security in the crosshairs: replacement rates again
Stage is being set for cuts to Social Security

Is it wise to hold on to cash reserves?

/conga/frontpage.html 367670

Markets »

122.29MDow Volume:
Avg Vol: 131.80M
Unchanged
201
Decliners
3048
Advancers
3255
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 15,915 -100 0.62%
Nasdaq
/quotes/zigman/12633936/realtime 4,284 +15 0.35%
S&P 500
/quotes/zigman/3870025/realtime 1,852 0 0.02%
GlobalDow
/quotes/zigman/629063/realtime 2,063 -17 0.83%
Gold
/quotes/zigman/33772884/delayed 1,227 +32 2.69%
Oil
/quotes/zigman/2260836/delayed 26.65 -0.80 2.91%
FTSE 100
/quotes/zigman/3173262/delayed 5,530 -143 2.52%
DAX
/quotes/zigman/2380246/delayed 8,766 -251 2.78%
CAC 40
/quotes/zigman/3173214/delayed 3,907 -154 3.80%
FTSE MIB
/quotes/zigman/1482176/delayed 15,888 -826 4.94%
IBEX 35
/quotes/zigman/2759620/delayed 7,825 -319 3.91%
Stoxx 600
/quotes/zigman/2380150/delayed 304 -11 3.40%
Asia Dow
/quotes/zigman/6959860/realtime 2,439 -15 0.60%
Nikkei 225
/quotes/zigman/5986735/delayed 15,713 -372 2.31%
Hang Seng
/quotes/zigman/2622475/delayed 18,546 -742 3.85%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,952 -807 3.40%
Singapore
/quotes/zigman/1709939/delayed 2,538 -44 1.70%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.00 0.19%
Yen
/quotes/zigman/16008150/realtime/sampled 111.68 -1.68 1.48%
Pound
/quotes/zigman/16008140/realtime/sampled 1.44 -0.01 0.54%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 -0.01 0.73%
DXY Index
/quotes/zigman/1652083/delayed 95.53 -0.29 0.30%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.74 -0.14 0.16%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.63 -0.04 2.53%
German 10y
/quotes/zigman/15866409/realtime 0.18 -0.06 26.35%
Italy 10yr
/quotes/zigman/15866497/realtime 1.71 +0.07 4.06%
Spain 10yr
/quotes/zigman/15866444/realtime 1.78 +0.06 3.55%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.33 -0.08 5.74%
Japan 10yr
/quotes/zigman/15866525/realtime 0.01 0.00 0.00%
Crude Oil
/quotes/zigman/2260836/delayed 27 -1 2.91%
Gold
/quotes/zigman/33772884/delayed 1,227 +32 2.69%
Corn
/quotes/zigman/25518691/delayed 361 +0 0.07%
DJIA F
/quotes/zigman/48241424/delayed 15,570 -296 1.87%
S&P F
/quotes/zigman/43106711/delayed 1,812 -35 1.90%
Silver
/quotes/zigman/32655632/delayed 16 +0 2.05%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.00 1.46 1.47%
AAPL /quotes/zigman/68270/composite 94.27 -0.72 -0.76%
GOOG /quotes/zigman/59527964/composite 684.12 6.01 0.89%
BAC /quotes/zigman/190927/composite 11.98 -0.22 -1.80%
C /quotes/zigman/5065548/composite 37.41 -0.10 -0.27%
F /quotes/zigman/264304/composite 11.34 -0.01 -0.09%
T /quotes/zigman/398198/composite 36.43 -0.22 -0.60%
BP /quotes/zigman/247026/composite 28.04 -0.31 -1.09%
GE /quotes/zigman/227468/composite 28.30 0.02 0.07%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

Top 3 from Barron's

Today's list of the most-viewed stories from Barron's. More »

  1. 1.
  2. 2.
  3. 3.

Visit Barrons.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/714403/composite SPY-0.09%
  • /quotes/zigman/118681/composite TSLA-3.09%
  • /quotes/zigman/41663/composite GLD+0.77%
  • /quotes/zigman/23556538/composite TWTR+4.03%
  • /quotes/zigman/3059264/composite DUST-6.14%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration