Magic Chef MCDR740WE Running Cost (Refrigerator)
Magic Chef MCDR740WE: running cost
The Magic Chef MCDR740WE is certified by ENERGY STAR at 345 kWh a year, cheaper than most models in its category to run among refrigerators currently certified.
That $65 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 MCDR740WE compares to other refrigerators
Against the category average of 386 kWh/yr, this model uses 10.6% less, ranking 2,361 of 4,704 refrigerators tracked here for running cost. 4,704 certified refrigerators, one average, about $8/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Magic Chef MCDR740WE on that list: Magic Chef MCDR740STE ($65/yr, 345 kWh/yr) runs slightly less, while Multistar 263 ($65/yr, 345 kWh/yr) runs slightly more.
Comparing Magic Chef's own models
Ranked 116 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
13 years is NAHB's typical service life for this category; at $65/year, the Magic Chef MCDR740WE adds up to about $843 in electricity over that span.
Weighing a replacement
Efficient as certified refrigerators go, $65/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
$65/year to run is the predictable cost of the Magic Chef MCDR740WE; a protection plan covers the unpredictable one, a repair bill.
How this was checked
Nothing here is estimated from a nameplate wattage; the 345 kWh/yr is ENERGY STAR's own certified figure for this model. At rank 2,361 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.