Magic Chef MCBM920W1 Running Cost (Refrigerator)
Magic Chef MCBM920W1: running cost
The Magic Chef MCBM920W1 is certified by ENERGY STAR at 374 kWh a year, about average for its category to run among refrigerators currently certified.
The $70 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Magic Chef MCBM920W1 against the category
That's 3.1% below the refrigerator category average of 386 kWh/yr, and ranks 2,744 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 $2/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Sub-Zero ID-30C ($70/yr, 374 kWh/yr) costs a little more to run than the Magic Chef MCBM920W1. Magic Chef MCBM920S1 ($70/yr, 374 kWh/yr) costs a little less.
Comparing Magic Chef's own models
Among Magic Chef's 121 certified refrigerators, this is the priciest to run, $31/year over the MCR16CHB, the brand's cheapest.
Magic Chef MCBM920W1 over 13 years
13 years is NAHB's typical service life for this category; at $70/year, the Magic Chef MCBM920W1 adds up to about $914 in electricity over that span.
Is it worth replacing?
The Magic Chef MCBM920W1 is already efficient for its category at $70/year. If you're shopping and comparing options, this is roughly what a well-chosen new refrigerator costs to run.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
Whether or not the Magic Chef MCBM920W1 ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
Sourcing
Nothing here is estimated from a nameplate wattage; the 374 kWh/yr is ENERGY STAR's own certified figure for this model. Ranked 2,744 of 4,704, the Magic Chef MCBM920W1 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.