Whether you are debating about buying a new refrigerator or on the fence about retiring your old freezer, it’s important to know how much energy these appliances are costing you. While many people keep their older freezer or refrigerator appliances in the garage as a backup or extra, keeping a few cold ones could be costing you a lot more money on your utility bill. You can find out how much money your refrigerator or freezer costs you with Energy Star’s Refrigerator Retirement Savings Calculator. To find out how, you simply select the option if you’re looking to replace or remove your extra refrigerator/freezer. You then enter in your state’s kilowatt per hour rate, select the best description for your refrigerator/freezer (top, bottom, side, upright, or chest), the approximate year it was made, and the size of your appliance. You also have the other option to enter in the model number of your refrigerator/freezer to provide an estimate of potential savings.
The Savings Calculator gives you an estimate of how much money your refrigerator/freezer is costing you as well as the amount you would save over x amount of years. With these calculations, you will be able to better evaluate your utility costs and assess your refrigerator or freezer for upgrades or retirement. If you do decide it is time to replace your refrigerator or freezer, you may be wondering how to recycle it. Calculate your fridge costs: Refrigerator Retirement Savings Calculator Other Sources: Apartment Therapy and LifeHacker
