What the Magic Chef HMAR33BE costs to run
ENERGY STAR certifies the Magic Chef HMAR33BE at 258 kWh/yr, one of the cheaper models in its category to run for its category.
That $49 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 33.2% less, ranking 1,221 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 $24/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 Magic Chef HMAR33BE: Insignia NS-CF33WH8 ($49/yr, 258 kWh/yr), then Magic Chef HMAR33SE ($49/yr, 258 kWh/yr).
Same brand, different models
Ranked 53 of Magic Chef's 121 certified refrigerators, this sits between the MCR16CHB ($39/yr, the brand's cheapest) and the MCBM920W1 ($70/yr, its priciest).
What this adds up to over time
13 years is NAHB's typical service life for this category; at $49/year, the Magic Chef HMAR33BE adds up to about $631 in electricity over that span.
Is it worth replacing?
Efficient as certified refrigerators go, $49/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 Magic Chef HMAR33BE 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 258 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.