Magic Chef HMDR1000BE: running cost
At 297 kWh/yr, the Magic Chef HMDR1000BE's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified refrigerator.
That $56 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.
How the Magic Chef HMDR1000BE compares to other refrigerators
Against the category average of 386 kWh/yr, this model uses 23.1% less, ranking 1,713 of 4,704 refrigerators tracked here for running cost. 4,704 certified refrigerators, one average, about $17/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Magic Chef HMDR1000BE on that list: GreenLine GRCHR10FFW ($56/yr, 297 kWh/yr) runs slightly less, while Magic Chef HMDR1000SE ($56/yr, 297 kWh/yr) runs slightly more.
Within the Magic Chef lineup
Ranked 67 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).
Magic Chef HMDR1000BE over 13 years
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Magic Chef HMDR1000BE that long and it costs about $726 in electricity, on top of whatever it cost to buy.
Weighing a replacement
Efficient as certified refrigerators go, $56/year is a reasonable baseline if you're comparing what else is on the market.
See what else is certified in this category before you decide.
If you're keeping it
A refrigerator like the Magic Chef HMDR1000BE 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.
How this was checked
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. At rank 1,713 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.