Running cost for the Galanz GL31RDE
At 321 kWh/yr, the Galanz GL31RDE's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified refrigerator.
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.
Efficient, or not, for a refrigerator
Against the category average of 386 kWh/yr, this model uses 16.8% less, ranking 2,018 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 $12/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 Galanz GL31RDE: Galanz GL31BKE ($60/yr, 321 kWh/yr), then GE GDE03GGK**** ($60/yr, 321 kWh/yr).
Same brand, different models
Ranked 62 of Galanz's 115 certified refrigerators, this sits between the BC-47F-F-62H ($39/yr, the brand's cheapest) and the GLR18TM**EM03 ($102/yr, its priciest).
Galanz GL31RDE over 13 years
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Galanz GL31RDE that long and it costs about $785 in electricity, on top of whatever it cost to buy.
Shopping for a new one
Efficient as certified refrigerators go, $60/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
The Galanz GL31RDE already costs $60/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
Where this number comes from
Nothing here is estimated from a nameplate wattage; the 321 kWh/yr is ENERGY STAR's own certified figure for this model. At rank 2,018 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.