What the Ikea OLOFSFORS 10587608 costs to run
The Ikea OLOFSFORS 10587608 is certified by ENERGY STAR at 362 kWh a year, about average for its category to run among refrigerators currently certified.
That $68 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 6.2% less, ranking 2,537 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 $5/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 Ikea OLOFSFORS 10587608: Ikea LAGAN N 30587626 ($68/yr, 362 kWh/yr), then Insignia NS-RTM18**** ($68/yr, 362 kWh/yr).
Comparing Ikea's own models
Ranked 7 of Ikea's 24 certified refrigerators, this sits between the HS-65LN(NA) TILLREDA N ($39/yr, the brand's cheapest) and the IX7DDEXGZ* ($129/yr, its priciest).
What this adds up to over time
Over the 13-year service life NAHB reports for this category, running the Ikea OLOFSFORS 10587608 costs roughly $885 in electricity, separate from the purchase price.
Shopping for a new one
Efficient as certified refrigerators go, $68/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
A refrigerator like the Ikea OLOFSFORS 10587608 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
The full Refrigerator category page shows all 4,704 refrigerators ranked by cost; the state-rate guide covers the half of this number that isn't the appliance. The 362 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.