Hotpoint HME03GGM****: running cost
ENERGY STAR certifies the Hotpoint HME03GGM**** at 215 kWh/yr, one of the cheaper models in its category to run for its category.
That $40 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 44.3% less, ranking 574 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 $32/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 Hotpoint HME03GGM****: Hamilton Beach Commercial HRF200R ($40/yr, 215 kWh/yr), then Insignia NS-CF26BL7-C ($40/yr, 215 kWh/yr).
Within the Hotpoint lineup
Ranked 2 of Hotpoint's 5 certified refrigerators, this sits between the HME02GGM**** ($39/yr, the brand's cheapest) and the HPE16BTN**** ($81/yr, its priciest).
What this adds up to over time
13 years is NAHB's typical service life for this category; at $40/year, the Hotpoint HME03GGM**** adds up to about $525 in electricity over that span.
Weighing a replacement
Efficient as certified refrigerators go, $40/year is a reasonable baseline if you're comparing what else is on the market.
See what else is certified in this category before you decide.
If you're keeping it
At $40/year just to run, a refrigerator is worth protecting against an unplanned repair bill on top of that.
Where this number comes from
Nothing here is estimated from a nameplate wattage; the 215 kWh/yr is ENERGY STAR's own certified figure for this model. At rank 574 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.