What the Avanti RM4416B costs to run
The Avanti RM4416B is certified by ENERGY STAR at 228 kWh a year, one of the cheaper models in its category to run among refrigerators currently certified.
That $43 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.
Efficient, or not, for a refrigerator
Against the category average of 386 kWh/yr, this model uses 40.9% less, ranking 864 of 4,704 refrigerators tracked here for running cost. That average is drawn from all 4,704 refrigerators ENERGY STAR currently certifies, not an outside number, a $30/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the Avanti RM4416B: Avanti RM4406W ($43/yr, 228 kWh/yr), then Avanti RM4436SS ($43/yr, 228 kWh/yr).
Same brand, different models
Ranked 11 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).
What this adds up to over time
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Avanti RM4416B that long and it costs about $557 in electricity, on top of whatever it cost to buy.
Shopping for a new one
Efficient as certified refrigerators go, $43/year is a reasonable baseline if you're comparing what else is on the market.
Compare current ENERGY STAR certified refrigerators before buying.
If you're keeping it
Whether or not the Avanti RM4416B ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
Where this number comes from
At rank 864 of 4,704 for running cost, see the refrigerator category page for the rest of the field, or the guide to how much your state matters. The 228 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.