You can start by getting a "Kill-a-Watt" meter, which monitors the actual energy usage of an appliance. (I bought mine at Harbor Freight.) Plug the fridge into it for a day or two and see how much juice it used. If it doesn't work out to over $40/day, it's pretty hard to say you'll save that much with a new refrigerator.
By the way, my wife insists on having three refrigerators and a freezer. Two of the appliances are less than ten years old, while the other two are over twenty. My electric bill in months without air conditioning runs about $125. Assuming lighting, electric ovens, water pump, air compressor, microwave and other loads account for 25 bucks, that tells me my four major appliances average $25 apiece to operate.
Here in Motown, Detroit Edison will pay you 40 bucks for your old refrigerator, which doesn't go very far against the purchase price, but at least they take care of disposal. While checking on this, I found a chart that shows typical refrigerator operating costs by size and vintage.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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