Fridge Buyback is a residential energy savings program that actually pays you to help save the environment and reduce your power bills by giving up your old second fridge or upright freezer.Old fridges are the biggest energy users in the home, consuming up to three times the energy of new fridges. Running your second fridge adds an average of $265 a year to your power bills and results in greenhouse gases being released into the atmosphere. And, old upright freezers use almost as much power as an old fridge. Households that have been using a second fridge or freezer can hand in their old working appliances by calling 1800 708 401 during business hours to make a booking. The fridges and freezers collected are professionally degassed and the metals recycled. There are regular collection runs every few weeks in most built-up areas.