Monday, August 22, 2011

Refrigerator payback

My current fridge (a Hotpoint Foodcenter 24) is older than I am. It was originally the avocado color shown in the ad; at some point someone painted it black but only the front and the sides they could reach; the top back and sides were not. The spread control is appreciated but not used. The giant dust bunnies of a never cleaned coil underneath was not. I measured the yearly annual cost of this fridge at $290 a year with a kill-a-watt; at that rate, a really nice replacement will begin paying for itself in six years. The previous owners had this fridge for 15 years and paid over $4000 in electricity for the privilege.


BenY said...

Amazing! I can't tell if it was a good deal or not. I think it must have been to last so long, as any fridge from that era would be so expensive to run.

David Farley said...

What is a good number? By odd coincidence I found the Energy Guide card for my refrigerator while I was cleaning this evening. $43/year.

Dean W. Armstrong said...

Yes it's a good deal for modern refrigerators: they are mostly in the
$43 to $49 a year per the EPA ratings.