We talked last week about CPS Energy rebates for new energy-efficient air conditioners and air duct replacements. Today, we’re talking about rebates for energy-efficient appliances – namely refrigerators. Luckily, these are much easier to explain.
First off – let’s discuss the reasons why CPS Energy offers these rebates. A lot of families keep that old refrigerator after they buy a new one. They move the old one to the garage and use it as a freezer or a second fridge. Problem is those old refrigerators use up to four times the electricity as energy-efficient refrigerators, according to CPS Energy. So you can get paid to recycle them – and end up saving money on your electric bill in the end.
The rebate explanation is pretty straightforward. CPS Energy will have a company come pick up and recycle your old refrigerator, for free. Once that is completed, you’ll get a $35 credit on your CPS Energy bill. Plus, if you buy a new Energy Star refrigerator to replace the old one, you’ll get an additional $65 credit. That’s $100 total.
If that’s not enough, CPS Energy says your electric bill should go down about $150 a year by replacing the old fridge with an energy-efficient one. Click here for more information.