What the Magic Chef HMCR320RE costs to run
ENERGY STAR certifies the Magic Chef HMCR320RE at 323 kWh/yr, cheaper than most models in its category to run for its category.
The $61 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 16.3% below the refrigerator category average of 386 kWh/yr, and ranks 2,038 of 4,704 certified refrigerators for annual running cost, 1 being cheapest. Every one of the 4,704 currently-certified refrigerators feeds that average, putting this model about $12/year under it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among refrigerators, one step cheaper is Magic Chef HMCR320ME ($61/yr, 323 kWh/yr), and one step pricier is Magic Chef HMCR320WE ($61/yr, 323 kWh/yr).
Within the Magic Chef lineup
Magic Chef makes 121 ENERGY STAR certified refrigerators; this one ranks 90 of 121 for running cost, between the brand's cheapest, the MCR16CHB at $39/yr, and its priciest, the MCBM920W1 at $70/yr.
Magic Chef HMCR320RE over 13 years
13 years is NAHB's typical service life for this category; at $61/year, the Magic Chef HMCR320RE adds up to about $789 in electricity over that span.
Weighing a replacement
The Magic Chef HMCR320RE is already efficient for its category at $61/year. If you're shopping and comparing options, this is roughly what a well-chosen new refrigerator costs to run.
See what else is certified in this category before you decide.
Protecting what you have
Whether or not the Magic Chef HMCR320RE ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
The data behind this page
Nothing here is estimated from a nameplate wattage; the 323 kWh/yr is ENERGY STAR's own certified figure for this model. 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.