GE GNE29GMK Running Cost (Refrigerator)

Name: GE GNE29GMK
Brand: GE

Running cost for the GE GNE29GMK

One of the more expensive models in its category to run

$123/year at 18.8¢/kWh, the 51-state average

The GE GNE29GMK is certified by ENERGY STAR at 653 kWh a year, one of the more expensive models in its category to run among refrigerators currently certified.

$0.34per day

$10.23per month

653kWh per year, certified

$1,596over a 13-yr lifespan

Swap in your own state’s rate

The $123 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.

GE GNE29GMK against the category

That's 69.2% above the refrigerator category average of 386 kWh/yr, and ranks 4,295 of 4,704 certified refrigerators for annual running cost, 1 being cheapest. The category average comes from every refrigerator ENERGY STAR currently certifies (4,704 models), not an outside benchmark, about $50/year above that average at the national rate. See the methodology page.

What sits beside it in the ranking

GE GNE29GYN ($123/yr, 653 kWh/yr) costs a little more to run than the GE GNE29GMK. LG LMWS29626 ($123/yr, 652 kWh/yr) costs a little less.

Same brand, different models

GE makes 131 ENERGY STAR certified refrigerators; this one ranks 115 of 131 for running cost, between the brand's cheapest, the GME04GGK at $43/yr, and its priciest, the GFE28GYN at $136/yr.

GE GNE29GMK over 13 years

NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the GE GNE29GMK that long and it costs about $1,596 in electricity, on top of whatever it cost to buy.

Is it worth replacing?

Running above the category average, $123/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.

Worth comparing a few current certified models before deciding.

Protecting what you have

The GE GNE29GMK already costs $123/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.

Sourcing

Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 4,295 of 4,704, the GE GNE29GMK 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.