Keeping food fresh and frozen is a full-time job – just ask anyone who has had their fridge freezer give up on them after a big shop. There’s plenty you can do to cut costs every day as well as over its lifetime. The best starting point though is to identify how much you might spend on powering your fridge freezer in the first place.
The easiest way to work out how much it costs to run a fridge freezer is to get a smart meter that can tell you in real time. However, if you don’t have one, a simple calculation will tell you. From July 2023 the energy price cap means the cost per pence/kWh of electricity is 30p. We’ve used this figure for the calculations below to give the highest it could cost to run a fridge freezer from July onwards.
What factors impact the running costs?
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How to Save More Money -Editor of MoneyWeek.com Kalpana Fitzpatrick shares easy tips and tricks for spending less
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