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Is Buying a New Refrigerator a Good Investment?
By James Cavallo, Associate Editor of
Home Energy Magazine and Principal at Kouba-Cavallo
Associates in Downers Grove, IL
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If you have an older refrigerator - particularly
one that is more than ten years old - it may be
a good idea to recycle your old refrigerator and
replace it with a new refrigerator that complies
with current energy efficiency standards.
Below is a calculator to find out if you can buy
a new refrigerator with the energy savings from
recycling your old unit. Just fill out the tables
below with the information requested. If you don't
know the energy rating of your current refrigerator
check out if it is listed in the refrigerator
database.
When you have filled in the information to your
satisfaction, click on the "Compute" button below
the tables.
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Now that you have compared the lifetime
cost of continuing to use your old refrigerator
with a new one, you need to make a decision. If
it is cost-effective to purchase a new unit, we
hope that you will be a good citizen of the earth
and properly recycle your old refrigerator. Don't
put it out in your garage - you'll save nothing
then! Also resist the temptation to sell it on the
secondary market. If the energy cost is too great
for you to keep it in your kitchen, it will be a
worse investment for another family to pay even
a small price for your refrigerator on top of its
energy cost.
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This page was last updated on February 21, 2002
Design asssistance by Planetmind
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All of the materials in this service are copyrighted by Home Energy magazine. Any form of copying without express permission of the publisher, for other than an individual user's personal reference, is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to: posting, emailing, faxing, archiving in a public database, redistributing via a computer network,or in printed form. Contact us for permissions, reprints, brochures & back issues.
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