Running cost for the ILVE URBM28SIWPRY
At 499 kWh/yr, the ILVE URBM28SIWPRY's ENERGY STAR certification puts it one of the more expensive models in its category to run against every other certified refrigerator.
The $94 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
ILVE URBM28SIWPRY against the category
That's 29.3% above the refrigerator category average of 386 kWh/yr, and ranks 3,494 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 $21/year above that average at the national rate. See the methodology page.
What sits beside it in the ranking
VITARA VBBM1200EWEI ($94/yr, 499 kWh/yr) costs a little more to run than the ILVE URBM28SIWPRY. FULGOR MILANO FM4BM28IFBI ($94/yr, 499 kWh/yr) costs a little less.
Comparing ILVE's own models
ILVE makes 5 ENERGY STAR certified refrigerators; this one ranks 3 of 5 for running cost, between the brand's cheapest, the URFC36SNWPRY at $65/yr, and its priciest, the URFD36SIWPRY at $111/yr.
ILVE URBM28SIWPRY over 13 years
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the ILVE URBM28SIWPRY that long and it costs about $1,220 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
Running above the category average, $94/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
Whether or not the ILVE URBM28SIWPRY ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 3,494 of 4,704, the ILVE URBM28SIWPRY 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.