Running cost for the Danby DAR016B1BM
The Danby DAR016B1BM is certified by ENERGY STAR at 245 kWh a year, one of the cheaper models in its category to run among refrigerators currently certified.
The $46 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 36.5% below the refrigerator category average of 386 kWh/yr, and ranks 1,019 of 4,704 certified refrigerators for annual running cost, 1 being cheapest. Every one of the 4,704 currently-certified refrigerators feeds that average, putting this model about $27/year under it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among refrigerators, one step cheaper is Danby DAR016A1* ($46/yr, 245 kWh/yr), and one step pricier is Insignia NS-CF17BK9 ($46/yr, 245 kWh/yr).
Comparing Danby's own models
Danby makes 58 ENERGY STAR certified refrigerators; this one ranks 14 of 58 for running cost, between the brand's cheapest, the DBC031L1SS at $22/yr, and its priciest, the DBM187E1WDB at $103/yr.
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 Danby DAR016B1BM that long and it costs about $599 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
The Danby DAR016B1BM is already efficient for its category at $46/year. If you're shopping and comparing options, this is roughly what a well-chosen new refrigerator costs to run.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
Whether or not the Danby DAR016B1BM ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
The data behind this page
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. The 245 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.