Electric savings over what? My 200? Kenmore was an energy star rated model. Our electric bill dropped a little bit after we replaced the Kenmore with it. And I doubt it needed a bank loan any more than the 3-5K fridges I see now (Norge was a high end model so I'm going with the more expensive amounts I see on fridges). We bought it from the original owner's daughter, and it had been a backup basement fridge since the 80's at that point. Even if so, it was meant to last a lot longer than the new ones, so it paid for itself by not needing replacement in a few years. As a bonus (aside from looking WAY cooler than the Kenmore) it is QUIETER. A LOT quieter. The myth that all old fridges are vampires and all new ones will use so much less that it will pay for itself is a lot like the Don't Burn Pine myth. An urban legend. Let me tell ya...we have a 1961 Wheel horse Suburban tractor. Runs like a top. Have had it two years and only changed the oil and put belts on it. The PO took it out of storage and replaced the gas and plug (s? I can't remember). Our MUCH newer Craftsman has all sorts of weird problems...sometimes it won't shut off, sometimes it won't start, it pops out of gear, the deck is tweaked because the materials used to build it are shoddy. And getting parts? Good luck. I'm trying to figure out how to get a Gravely to replace it with. Probably a 812 like my grandpa had. That thing was a TANK. Mowed 4-5 acres a few times a week, snow blowed the driveway, rototilled the garden (which was about 1/2 an acre), hauled wood, and whatever else he did with it. It got maintained, and repaired, but it was still running when he passed in 2005 (and someone in the family sold it, or I'd have it). TRY that with a new "garden tractor" and see how long it lasts you.