I'm still pining for a new stainless steel fridge. It isn't a need at all. We went looking a couple times in the last few weeks because of great sales going on this time of year. I was amazed at the Energy Star cards on the appliances indicating the cost per year. Some refrigerator's were less than $50 per year to operate!
I started to wonder how much our current fridge cost to operate. I had noticed our library had
Turns out our fridge uses .08 KwH per hour. Over the course of the year, based on our electric rates, our fridge costs $89 a year to operate. Clearly not a lot more than the new refrigerators, but almost twice the amount!
I went even further to calculate that the fridge we were looking at uses 474 KwH per year. For us that is $61 a year, so our true savings is about $28 a year. It would sure take a lot of time to recoup that savings if we bought a fridge for $1000.
I have the meter checked out for the next 10 days. I think I will look into a few other things we have plugged in to see what our energy hogs are. I'm not sure exactly what the results will show or if they will be worth making any changes.
Have you used a Kill a Watt meter? Do you know how much energy it costs to run your fridge? Would you replace a fridge just to save $40 a year?
July 9th, 2014 at 04:12 am 1404875561
Our fridge is super old I wouldn't doubt if it costs us well over $100.
July 9th, 2014 at 04:31 am 1404876663
July 9th, 2014 at 04:47 am 1404877638
I think we might miss the current sales before we decide. But they will be back around before any potential sale.
July 9th, 2014 at 06:19 am 1404883143
July 10th, 2014 at 03:46 am 1404960375