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Last updated on April 17, 2014 at 12:46 EDT

Get More Cash for Your Old, Working Fridge for a Limited Time

July 24, 2012

MINNEAPOLIS, July 24, 2012 /PRNewswire/ — Xcel Energy customers with an old, extra refrigerator now have an even bigger incentive to recycle it. From now until September 30, Xcel Energy is offering a limited-time $50 rebate, up from the previous $35 rebate, to take advantage of the Refrigerator Recycling Program.

Minnesota-based Appliance Recycling Centers of America, Inc. administers the program and will pick up the old, energy guzzling refrigerators, typically located in a garage, basement or lake home, and recycle the materials in the appliance.

The Environmental Protection Agency estimates that a 20-year-old refrigerator can consume two to four times more energy annually than a new model and can significantly increase customers’ electricity bills. Older refrigerators put a strain on the electricity grid. Each unit costs over $100 a year in electricity bills, according to ENERGY STAR®.

“This program provides a convenient and environmentally safe solution for customers,” says Christmas Ramirez, Xcel Energy program manager. “To add to the free pickup, recycling and $50 rebate, we’re throwing in two free compact fluorescent light bulbs to provide additional energy savings.”

To date, over 8,000 Xcel Energy customers in Minnesota have participated in the program, which is part of Xcel Energy’s Conservation Improvement Program.

For more information or to schedule an appointment, please visit ResponsibleByNature.com/Fridge or call (800) 599-5795. Participation in this program is subject to important rules and eligibility requirements, which are detailed at ResponsibleByNature.com/Fridge.

About Xcel Energy

Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas company that provides a comprehensive portfolio of energy-related products and services to 3.4 million electricity customers and 1.9 million natural gas customers through its regulated operating companies in eight Western and Midwestern states. Company headquarters are located in Minneapolis. More information is available at xcelenergy.com.

About ARCA

ARCA’s (NASDAQ:ARCI) three business components are uniquely positioned in the industry to work together to provide a full array of appliance-related services. Twenty-one Company-owned stores under the name ApplianceSmart, Inc.® sell new appliances directly to consumers and provide affordable ENERGY STAR® options for energy efficiency appliance replacement programs; ARCA’s regional centers process appliances at end of life to remove environmentally damaging substances and produce material byproducts for recycling for over 200 utilities in the U.S. and Canada; and ARCA Advanced Processing, LLC employs advanced technology to refine traditional appliance recycling techniques to achieve optimal revenue-generating and environmental benefits. ARCA is also the exclusive North American distributor for UNTHA Recycling Technology (URT), one of the world’s leading manufacturers of technologically advanced refrigerator recycling systems and recycling facilities for electrical household appliances and electronic scrap.

SOURCE Appliance Recycling Centers of America, Inc.


Source: PR Newswire