Running cost for the Hisense HRT120P3AVE
At 308 kWh/yr, the Hisense HRT120P3AVE's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified refrigerator.
That $58 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 20.2% less, ranking 1,808 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 $15/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 Hisense HRT120P3AVE: Hisense BCD-320WP4NA1/HC1(H) ($58/yr, 308 kWh/yr), then Hisense RT12A2CSE ($58/yr, 308 kWh/yr).
Within the Hisense lineup
Ranked 17 of Hisense's 90 certified refrigerators, this sits between the HWS054N6SS ($30/yr, the brand's cheapest) and the RF303D3FSEI ($140/yr, its priciest).
What this adds up to over time
13 years is NAHB's typical service life for this category; at $58/year, the Hisense HRT120P3AVE adds up to about $753 in electricity over that span.
Shopping for a new one
Efficient as certified refrigerators go, $58/year is a reasonable baseline if you're comparing what else is on the market.
Worth comparing a few current certified models before deciding.
If you're keeping it
$58/year to run is the predictable cost of the Hisense HRT120P3AVE; a protection plan covers the unpredictable one, a repair bill.
Where this number comes from
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 1,808 of 4,704, the Hisense HRT120P3AVE 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.