Magic Chef HMTR450WE Running Cost (Refrigerator)
What the Magic Chef HMTR450WE costs to run
At 265 kWh/yr, the Magic Chef HMTR450WE's ENERGY STAR certification puts it one of the cheaper models in its category to run against every other certified refrigerator.
The $50 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Magic Chef HMTR450WE against the category
That's 31.3% below the refrigerator category average of 386 kWh/yr, and ranks 1,360 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 $23/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
THOR KITCHEN RBC24SSD ($50/yr, 265 kWh/yr) costs a little more to run than the Magic Chef HMTR450WE. Magic Chef HMTR450SE ($50/yr, 265 kWh/yr) costs a little less.
Same brand, different models
Magic Chef makes 121 ENERGY STAR certified refrigerators; this one ranks 66 of 121 for running cost, between the brand's cheapest, the MCR16CHB at $39/yr, and its priciest, the MCBM920W1 at $70/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 Magic Chef HMTR450WE that long and it costs about $648 in electricity, on top of whatever it cost to buy.
Shopping for a new one
The Magic Chef HMTR450WE is already efficient for its category at $50/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
At $50/year just to run, a refrigerator is worth protecting against an unplanned repair bill on top of that.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. At rank 1,360 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.