Running cost for the Insignia NS-RTM18****
At 362 kWh/yr, the Insignia NS-RTM18****'s ENERGY STAR certification puts it about average for its category to run against every other certified refrigerator.
The $68 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Insignia NS-RTM18**** against the category
That's 6.2% below the refrigerator category average of 386 kWh/yr, and ranks 2,538 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 $5/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Insignia NS-RTM18SS7-C ($68/yr, 362 kWh/yr) costs a little more to run than the Insignia NS-RTM18****. Ikea OLOFSFORS 10587608 ($68/yr, 362 kWh/yr) costs a little less.
Comparing Insignia's own models
Insignia makes 92 ENERGY STAR certified refrigerators; this one ranks 68 of 92 for running cost, between the brand's cheapest, the NS-WC14SS3 at $23/yr, and its priciest, the NS-RBM18WH0-C at $88/yr.
Cost over its typical lifespan
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Insignia NS-RTM18**** that long and it costs about $885 in electricity, on top of whatever it cost to buy.
Shopping for a new one
The Insignia NS-RTM18**** is already efficient for its category at $68/year. If you're shopping and comparing options, this is roughly what a well-chosen new refrigerator costs to run.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
At $68/year just to run, a refrigerator is worth protecting against an unplanned repair bill on top of that.
Sourcing
At rank 2,538 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. The 362 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.