« Town prints own money to boost local spending | Main | Should peanuts be banned from airplanes? »

June 10, 2021

Time to say goodbye to that old basement fridge?

Are you buying groceries on sale only to put them in that decrepit basement fridge?

Bad idea: Keeping that energy waster plugged-in can add up to $150 to $180 in electricity costs a year – which means it’s probably time to put that ancient clunker out to pasture.

Recent studies have suggested that up to one-third of the world's major appliances are more than 11 years old, predating the introduction of more energy-efficient products. The savings in energy alone from switching to greener units could run in the billions of dollars, according to some estimates.

Good that help is on the way.

Organized by the Ontario Power Authority and one of the largest programs of its type in North America, the Great Refrigerator Roundup removes energy guzzling appliances – refrigerators, freezers, and room air conditioners – that are at least 15 years old, between 10 and 27 cubic feet and in working condition.

The pick-up is free, and they’ll even haul it out of your home for you – safely recycling the ozone-depleting refrigerant and metal.

In Ontario, appointments for appliance pick-ups can be made either online or toll-free at 1-877-797-9473. In B.C., call 1-866-516-4357. Check with your local Hydro supplier to get the details on similar programs in your area.

Click here for a few more tips on going green when it comes to electricity.

Are you making the switch? Do you think 'green' appliances live up to their billing?

By Gordon Powers, MSN Money



Post a comment


Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

James HaversJames Havers

James is the senior editor of MSN Money living in Toronto. He has worked for the Nikkei Shimbun (Tokyo),,, Canadian Business and other publications. Havers turned to journalism after teaching overseas.

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...