Running cost for the Avanti RA31B1B
The Avanti RA31B1B is certified by ENERGY STAR at 320 kWh a year, cheaper than most models in its category to run among refrigerators currently certified.
That $60 is priced at 18.8¢/kWh, the average of all 51 state rates this site tracks. Your own state's rate is one click away.
How the Avanti RA31B1B compares to other refrigerators
Against the category average of 386 kWh/yr, this model uses 17.1% less, ranking 1,940 of 4,704 refrigerators tracked here for running cost. 4,704 certified refrigerators, one average, about $12/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Avanti RA31B1B on that list: Avanti RA31B0W ($60/yr, 320 kWh/yr) runs slightly less, while Avanti RA31B3S ($60/yr, 320 kWh/yr) runs slightly more.
Comparing Avanti's own models
Ranked 38 of Avanti's 68 certified refrigerators, this sits between the RMRS31X**-IS ($32/yr, the brand's cheapest) and the FFFD22IWR3S ($111/yr, its priciest).
Avanti RA31B1B over 13 years
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Avanti RA31B1B that long and it costs about $782 in electricity, on top of whatever it cost to buy.
Weighing a replacement
Efficient as certified refrigerators go, $60/year is a reasonable baseline if you're comparing what else is on the market.
Worth comparing a few current certified models before deciding.
If you're keeping it
Whether or not the Avanti RA31B1B ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
How this was checked
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. The full Refrigerator category page shows all 4,704 refrigerators ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.