Hotpoint HPE16BTN Running Cost (Refrigerator)
Running cost for the Hotpoint HPE16BTN
At 345 kWh/yr, the Hotpoint HPE16BTN's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified refrigerator.
That $65 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 10.6% less, ranking 2,356 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 $8/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 HPE16BTN: HESTAN KRCR36 ($65/yr, 345 kWh/yr), then ILVE URFC36SNWPRY ($65/yr, 345 kWh/yr).
Same brand, different models
Ranked 4 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
Over the 13-year service life NAHB reports for this category, running the Hotpoint HPE16BTN costs roughly $843 in electricity, separate from the purchase price.
Is it worth replacing?
Efficient as certified refrigerators go, $65/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
A refrigerator like the Hotpoint HPE16BTN is a real household expense whether or not it needs replacing yet; a protection plan is one way to budget for a repair rather than a full replacement.
Where this number comes from
Nothing here is estimated from a nameplate wattage; the 345 kWh/yr is ENERGY STAR's own certified figure for this model. Ranked 2,356 of 4,704, the Hotpoint HPE16BTN 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.