A fridge runs 24 hours a day, which makes it the single biggest power consumer in many households.
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Fridges are one of the highest energy users in the home, on average, 13% of your energy bill. Choose a model with a high Energy Rating to save money and energy.
It’s important to consider more than the upfront cost of the fridge/freezer. Running costs over ten years could be between $600 and $2000.
Choose the right fridge or freezer for your needs to minimise running costs.
Models with cold water dispensers and ice-makers tend use more energy and will cost more to run. Check the annual energy consumption on the energy rating label.
You can buy a model with thermostat controls or you can buy a fridge thermometer to check the temperatures are set correctly.
The table below provides estimated running costs for different types of fridges and freezers based on star rating and volume.
* Calculations assume an electricity tariff of 31.9c/kWh, based on a typical Melbourne tariff. This does not include any pay-on-time discount, which would reduce the amount paid.
** GHG = Greenhouse gas emissions, expressed in kg of carbon dioxide equivalent. A greenhouse coefficient of 1.18 kilograms per kilowatt hour of electricity has been used.
How we calculated the costs
Calculations assume an electricity tariff of 31.9c/kWh, based on a typical Melbourne tariff. This does not include any pay-on-time discount, which would reduce the amount paid.
Emissions greenhouse gas emissions, expressed in kg of carbon dioxide equivalent. A greenhouse coefficient of 1.18 kilograms per kilowatt hour of electricity has been used.
The Energy Rating Label makes it easy for you to compare the energy efficiency of similar appliances. The Energy Rating Label displays a simple star rating - the more stars, the more energy efficient the appliance is. All new appliances available for sale in Australia must display the Energy Rating Label.
If you're comparing models for energy efficiency, they must be of the same type, that is, similar in capacity and features
When choosing an appliance, you should compare annual energy consumption figures (kWh per year). The model with the lowest annual energy use will be the cheapest to run.
The Energy Rating Label is administered by the Equipment Energy Efficiency (E3) program. E3 is a cross jurisdictional program through which the Australian Government, states and territories and the New Zealand Government collaborate to deliver a single, integrated program on energy efficiency standards and energy labelling for equipment and appliances.
When buying a new fridge, ask the retailer if they can take away your old fridge upon delivery.
Contact your local council to find out if they will collect the item during a hard waste collection or if it can be dropped off at your local resource recovery centre. Planet Ark’s Recycling Near You website offers further information.
Improve your business's gas efficiency – video series
This hands-on event for engineering and technical staff will be delivered by well-known energy specialist Kevin Joyce of Energy and Thermal Services.