What the Galanz GLR74B**E04 costs to run
ENERGY STAR certifies the Galanz GLR74B**E04 at 350 kWh/yr, cheaper than most models in its category to run for its category.
That $66 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 9.3% less, ranking 2,434 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 $7/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 GLR74B**E04: XTRA XET16R** ($65/yr, 347 kWh/yr), then Galanz GLR74B**R12 ($66/yr, 350 kWh/yr).
Same brand, different models
Ranked 106 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 GLR74B**E04 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 GLR74B**E04 that long and it costs about $855 in electricity, on top of whatever it cost to buy.
Weighing a replacement
Efficient as certified refrigerators go, $66/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 GLR74B**E04 already costs $66/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
Ranked 2,434 of 4,704, the Galanz GLR74B**E04 sits in the middle of the refrigerator category, see the guide to why your state changes this number for the other half of the math. The 350 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.