I didn't set out to own 4 freezers! First we had an old upright we got from Trade Me for $40. It was all we could afford. It did the job - but it was ugly, and if it was opened frequently, which of course it WAS, since it was in the kitchen, and that's where the kids would find the ice-cream, it would ice up and have to be defrosted about every 6 weeks, or the door wouldn't shut.
So a few years ago, I bought two chest freezers, one small, one medium size. I researched and haggled, and got them at rock-bottom prices, on a 0% interest for 2 years payment plan, and paid them off. The small one replaced the ugly upright inside - and that's all the room I had there. The other went into a shed, in a space specially built for it. The ugly upright got put out in another shed, waiting for disposal. BUT, we home kill sheep, and get meat from hunting. When you process a few entire animals at a time, you don't want to add all that fresh meat to a freezer of frozen food - it tends to partially defrost what is already there, and the new things freeze in a bit of a lump and can be hard to separate afterwards. So the old upright got put into service, just to freeze newly butchered meat, which we could nicely lay out on the shelves, allowing good cold circulation, and then move it all to the chest freezers once frozen. Good plan, huh? BUT, I got so frustrated with the small chest freezer inside and how hard it was to find anything among all the small packages, and what a mess the kids would make searching for things in it....so I wanted another upright for in there. We ended up buying an old one off Trade Me - affordable, in better condition than Mr Ugly, but still, old. It works just fine. It has drawers instead of open shelves. BUT it gets opened a lot, so isn't efficient, and the kids are forever not shutting it properly (it's too old fashioned to beep in annoyance at this treatment, like our second hand but more modern fridge does). Result - in a hour of being left just slightly ajar, all the soft things will have melted, which leads to more ice build up. AND we have ended up having so much meat, veges, etc in the freezers that all four are currently in use.
Which brings me to today.
But, I got thinking about the math of it all - the efficiency or inefficiency and what it costs me. And what it would cost to make changes, and how long those changes would take to pay for themselves.
I'm always telling my children "Yes, you DO need to learn math, and yes you WILL use it in real life!" If you want to be a thrifty Kiwi, then some basic math skills are essential! Of course, if you don't have any, it's never too late to learn! There are plenty of free online math learning site - Khan Academy for example - but I digress....
Yearly Running Costs of Four Freezers
Small chest freezer Rating: 276 kWh/year 276 x 0.26669 = $73.61 per year, in theory Not quite-so-old upright freezer Rating: 760 kWh/year 760 x 0.26669 = $202.68 per year | Medium sized chest freezer Rating: 425 kWh/year 425 x 0.26669 = $113.34 per year Ancient and ugly upright freezer Rating: unknown, but I'm going to go with it being more than the not-so-old upright. Let's call it 900 kWh/year 900 x 0.26669 = $240.02 per year |
Running Costs per Litre of Volume
Small chest freezer Volume 140 litres Cost per year: $73.61 = $0.5258 per litre per year (52.58 cents per litre per year) (to get this figure, divide cost by volume - $73.61 divided by 140 = 0.5258) Not-so-old upright freezer Volume 305 litres Cost per year $202.68 = $0.6645 per litre per year | Medium chest freezer Volume 320 litres Cost per year: $113.34 = $0.3542 per litre per year Ancient upright freezer Volume 272 litres* Cost per year $240.02 = $0.8824 per litre per year |
The Relative Thriftiness of Buying a New Freezer
Total volume of two chest freezers: 140 + 320 L = 460L - I'd need a freezer at least that big to replace them both. A quick look at a couple of appliance store websites, and I can buy an F&P 511 litre chest freezer new for $1499, with 30 months interest free. Of course, I might not buy new, and I would definitely shop around and then haggle for the best price, but let's use that as an example. This model has a 586 kWh/year rating, so it's cost to run:
- 586 x $0.26669 = $156.28 per year, and costs $0.3058 per litre per year
- It would be replacing two chest freezers which cost $73.61 and $113.34 = $186.95
- This would be a theoretical saving of $30.67 per year.
However, if I could buy a second hand 500 Litre chest freezer with an energy rating of 586 or better, and sell the existing freezers for the same amount or more than I buy the new one for (effectively costing me nothing), then a replacement could be a money saver. But, as always, I must do the math on each possible scenario before parting with money!
559 x 0.26669 = $149.08 per year to run
or $0.4904 per litre
It would replace my not-so-old chest freezer, which costs $202.68 per year to run, saving $53.60 per year. However, reality is it would actually replace my ancient freezer, as I would get rid of that one, and keep the not-so-old for occasional running to freeze fresh meat. So really it would be saving me $90.94 per year. But even at that rate, the new freezer would take 22 years to pay for itself. Since my existing upright freezers have almost no value - I might get $100 for the newer one - I couldn't sell them to buy a newer second hand one.
Having said that, I really think my freezer is costing me more per year to run, not just in power but in lost stock when it gets left open a little from time to time.
Based on this math, I won't be rushing out to buy an new freezer any time soon. But I will keep my eyes open for really good deals on modern second hand ones, and be ready to run the figures. Who knows, one day I might find a worthwhile swap out!
Meanwhile, now I've done the math, I know what each freezer costs to run, in ideal conditions. This motivates me to be more aware, and more efficient about how I use the freezer space, so I can minimise the number of appliances that need to be running, and therefore the monthly costs. It would also be worthwhile to consider having less meat etc stored in summer, so I can cut right down on freezers, when they have to work harder to keep cool, and then stocking up more as we come into winter. So this might affect my choices about when to have animals butchered etc.
Have you done the math on YOUR freezer?