Analyzing energy consumption is an important task for a factory. In order to accomplish this task, most studies fit the relationship between energy consumption and product design features, process characteristics, or equipment types. However, the energy-saving effects of product yield learning are rarely considered. To bridge this gap, this study proposes a two-stage fuzzy approach to estimate the energy savings brought about by yield improvement. In the two-stage fuzzy approach, a fuzzy polynomial programming approach is first utilized to fit the yield-learning process of a product. Then, the relationship between monthly electricity consumption and increase in yield was fit to estimate the energy savings brought about by the improvement in yield. The actual case of a dynamic random-access memory factory was used to illustrate the applicability of the two-stage fuzzy approach. According to the experiment results, product yield learning can greatly reduce electricity consumption.