New fridge or not? When to keep or replace a household appliance

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If you want to save electricity, it’s worth upgrading. But if you want to save money, it depends.

New refrigerators are usually more energy-efficient than older models. The time it takes to make your money back in energy savings varies, but could be as much as 20 years. — dpaMany older household appliances are considered power guzzlers. The solution seems to be to replace them with modern versions – after all, they’re more energy-efficient.

In addition electricity consumption increases significantly the older the appliances become, Loer says. You should expect your appliance to consume around 1% more electricity per year of use.Now it’s time to calculate how quickly the purchase costs of an energy-efficient appliance can be recouped by the electricity costs saved.

Based on electricity prices in Europe, replacing a floor-standing refrigerator with a freezer compartment is only worthwhile after around 15 years, and in the case of the more expensive built-in appliances, only after 20 years. In the case of such refrigerators, from an ecological point of view the expert advises replacing them with a modern appliance in the best energy efficiency class. These are usually the more expensive models.According to the Öko Institut, it is almost always worthwhile from an environmental perspective to use a device that is still working for as long as possible. This is especially true for an already energy-efficient appliance that you bought recently or a few years ago.

 

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