Running cost for the Magic Chef MCBR265WE
The Magic Chef MCBR265WE is certified by ENERGY STAR at 215 kWh a year, one of the cheaper models in its category to run among refrigerators currently certified.
That $40 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 MCBR265WE compares to other refrigerators
Against the category average of 386 kWh/yr, this model uses 44.3% less, ranking 586 of 4,704 refrigerators tracked here for running cost. 4,704 certified refrigerators, one average, about $32/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Magic Chef MCBR265WE on that list: Magic Chef MCBR265SEF ($40/yr, 215 kWh/yr) runs slightly less, while Montgomery Ward MFR337-BLUE ($40/yr, 215 kWh/yr) runs slightly more.
Same brand, different models
Ranked 17 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).
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 MCBR265WE that long and it costs about $525 in electricity, on top of whatever it cost to buy.
Shopping for a new one
Efficient as certified refrigerators go, $40/year is a reasonable baseline if you're comparing what else is on the market.
Worth comparing a few current certified models before deciding.
If you're keeping it
Whether or not the Magic Chef MCBR265WE 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
Nothing here is estimated from a nameplate wattage; the 215 kWh/yr is ENERGY STAR's own certified figure for this model. At rank 586 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.