INDIANAPOLIS — Indiana Michigan Power’s (I&M) Appliance Recycling Program has increased their incentive to $40 for customers who recycle their outdated and inefficient refrigerators and freezers.
In addition to the $40 incentive, participation in the program can save as much as $150 a year through lower household energy usage. Because old refrigerators and freezers rely on technology that’s outdated, they use as much as three times more electricity than newer models built to much higher energy efficiency standards.
I&M makes it simple for customers to recycle with convenient pick-up of appliances at no additional cost. To take advantage of the offer, customers can call 877-395-5535, or visit indianamichiganpower.com/save, and arrange to have refrigerators or freezers picked up for recycling. The appliances must be empty, in working order, and measure 10 to 30 cubic feet using inside measurements. Customers will receive a rebate check for $40 within four to six weeks after appliance collection.
After being collected, the units are transported to de-manufacturing facilities operated by national appliance recycler JACO Environmental. The company has perfected a method that converts all but about 5 percent of a refrigerator or freezer into recyclable metal, glass and plastic. As a result, old refrigerators are transformed into everything from mobile phones to construction rebar and concrete mix.