> Payback for a refrigerator that was built in the 70's is
> probably a bit less than 2 years. I'd bet the savings are
> about the cost of financing it.
You may be right ... but I sure haven't seen any huge reduction in my
electric bill. And what I do see is probably at least 1/2 because the pool
has been drained; that 2hp pump draws a lot more than the frig does (even
though it doesn't run as much).
Let's see, finance $1500 (which wouldn't replace my old frig today with one
of equal quality) @ 18% interest, that's about $22.50/month. Just about how
much my electric bill went down without the pool pump. Making the payback
period longer than I'm likely to live ...
Randall
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