How much can replacing your old fridge save you on energy costs?

If your fridge is more than 10 years old, you could save more than $200 over the next five years by replacing it with a new ENERGY STAR approved one.

Key Points

  • Replacing an old fridge can save you money on your utilities.
  • If your fridge is more than 10 years old, it could save you $270 over the next five years on energy costs.
  • Many utilities also offer rebates for recycling your old model. 

I was at my friend’s house for her three-year-old’s birthday party the other day.

Theme: Teenage Mutant Ninja Turtles

Snacks: Pizza (of course)

Drinks: Sewer slime (don’t ask)

Activities: Getting all the bad guys

Discussion: Refrigerators

As the parents gathered in the kitchen to escape the mayhem, my friends started talking about how they want to replace their old fridge with a new one, and that hopefully the energy savings would pay off.

So, in the spirit of the Turtles, here’s an Energy Ninja analysis:

  • According to the Department of Energy, if your fridge is more than 10 years old, you could save $270 over the next five years by replacing it with a new ENERGY STAR approved one.
  • To make the deal even sweeter, many utilities offer rebates for recycling your old one. Make sure to talk with your utility about local offers. Or, as the Splinter would say “never pay full price for a pizza, or leave rebate money on the table.”
  • Some new features aren’t the most efficient. The good-ol’ freezer on top, fridge on the bottom models generally use less energy than the side-by-side or freezer on the bottom ones. Features like ice makers and water dispensers add to the energy load too.
  • Don’t buy more fridge than you need. Unless you really do have four Teenage Mutant Ninja Turtles in the house, you could benefit from a smaller – and more efficient – model.

And now the next time you find yourself hiding from a band of toddler ninja turtles, you’ll know exactly what to talk about in your kitchen hideout. Cowabunga dudes.


Sarah FolslandSarah is mom to the two cutest little girls in the entire world. Before choosing to make changing diapers and reading bed time stories her full time gig, she earned an M.A. in Political Science from The University of South Dakota, worked in the Governor’s Office as a policy analyst and dabbled in communications at her local utility. Follow Sarah on Twitter @EnergyMommy.

Did you like this article? Here are some other articles that include: energy star, fridge, refrigerator, rebates, energy efficient, Teenage Mutant Ninja Turtles

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Showing 2 Comments (oldest to newest)

David Hoefler
I have 30 yr old windows , would i gain by replacing them ?
3 months 2 weeks ago
Sarah@KEA
Hi David, it's hard to say for certain. Best to check in with your preferred window manufacturer. Thanks for reaching out!
3 months 1 week ago