Ditch Your Fridge: How to recycle your old fridge and earn some money

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Indianapolis, Ind. (September 10, 2015) - Are you doing fall cleaning and have an old refrigerator or freezer you don't want anymore? Indianapolis Power & Light will recycle it and you can earn some money.

Many people keep older refrigerators in garages and basements, not realizing that storing a few beverages and leftovers comes with a high price.

IPL says research has shown that most second refrigerators were built before today’s energy efficiency standards and can consume as much as three times more energy than newer models.

IPS says 95% of the refrigerator can be recycled.

Jaco Environmental will pick it up from your home for free.

"It contains magnets so they can’t recycle that, but it’s actually got a purpose in the landfill," said Justin Rainer, Program Manager for Jaco Environmental. "They grind it up and use it for fluff to separate layers of trash so they can capture the methane that escapes from the landfill."

CBS 4 got a demonstration of what they call a "filet-o-fridge," where the fridge is dismantled, the foam is chipped out, and all the insides are removed.

"You have major components in here like steel," said Rainer. "Steel makes up the bulk of the weight of the refrigerator. It makes up about 80% and then you have things like copper and aluminum as well as plastics and glass. The steel will get ground up and it will generally be used in construction projects. And those construction projects are typically things like roadway projects or building materials. A lot of rebar gets created from the steel.  Copper and aluminum, a lot of that will end up in consumer electronic products as well as plastics and other materials from these refrigerators.”

IPL  says you will get a $40 incentive and could save as much as $150 a year in energy costs.

"A lot of people are very excited about how easy the process is and certainly the environmental impact the program has of being able to recycle materials instead of putting those into the landfill," said Nicole Kritzer, IPL's Marketing Program Administrator.

"The program is offered year round. It’s very easy to schedule. The refrigerator or freezer just needs to be working and between 10 and 30 cubic feet in size. Customers can give us a call at 877-395-5535 or they can go to our website."

Check out the website here to get more Ditch Your Fridge details or schedule a pickup.

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