Magic Chef HMR440WE Running Cost (Refrigerator)
Running cost for the Magic Chef HMR440WE
ENERGY STAR certifies the Magic Chef HMR440WE at 228 kWh/yr, one of the cheaper models in its category to run for its category.
That $43 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 HMR440WE compares to other refrigerators
Against the category average of 386 kWh/yr, this model uses 40.9% less, ranking 902 of 4,704 refrigerators tracked here for running cost. 4,704 certified refrigerators, one average, about $30/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Magic Chef HMR440WE on that list: Magic Chef HMR440SE ($43/yr, 228 kWh/yr) runs slightly less, while Magic Chef MCR44BE ($43/yr, 228 kWh/yr) runs slightly more.
Same brand, different models
Ranked 40 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 HMR440WE 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 HMR440WE that long and it costs about $557 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
Efficient as certified refrigerators go, $43/year is a reasonable baseline if you're comparing what else is on the market.
Compare current ENERGY STAR certified refrigerators before buying.
If you're keeping it
Whether or not the Magic Chef HMR440WE ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
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. Ranked 902 of 4,704, the Magic Chef HMR440WE 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.