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How much does it cost to run a 20 year old refrigerator?

A 20-year-old refrigerator could use 1,700 kWh of electricity a year, compared with 450 kWh for a new ENERGY STAR model. At an electrical cost of 12 cents per kWh, that equates to a savings of $150 per year and a payback of 7 to 9 years.

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