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A well manufactured machine that lasted, with an average life of 17-19 years. The machine was very simple, operating with knobs, buttons, belts and they were easily serviced. Appliances now last about half that time for a variety of reasons. First is energy efficiency. In the 1980s, California initiated the first energy efficiency laws. In order for products to be sold, they would meet certain requirements. That program would morph into todays national EnergyStar program.
Appliance half-life is defined as the number of years after which it would not be cost-effective to repair half of the appliances in the group. For example, if the half-life of all dryers is 13 years, this means that in a group of 10 dryers, all 13-years old, it would be cost-effective to repair only five of them.