Magic Chef MCTM18PS Running Cost (Refrigerator)
Running cost for the Magic Chef MCTM18PS
The Magic Chef MCTM18PS is certified by ENERGY STAR at 360 kWh a year, about average for its category to run among refrigerators currently certified.
That $68 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.
Efficient, or not, for a refrigerator
Against the category average of 386 kWh/yr, this model uses 6.7% less, ranking 2,503 of 4,704 refrigerators tracked here for running cost. That average is drawn from all 4,704 refrigerators ENERGY STAR currently certifies, not an outside number, a $5/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the Magic Chef MCTM18PS: Magic Chef MCTM18B ($68/yr, 360 kWh/yr), then Magic Chef MCTM18W ($68/yr, 360 kWh/yr).
Comparing Magic Chef's own models
Ranked 118 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 $68/year, the Magic Chef MCTM18PS adds up to about $880 in electricity over that span.
Weighing a replacement
Efficient as certified refrigerators go, $68/year is a reasonable baseline if you're comparing what else is on the market.
See what else is certified in this category before you decide.
If you're keeping it
A refrigerator like the Magic Chef MCTM18PS is a real household expense whether or not it needs replacing yet; a protection plan is one way to budget for a repair rather than a full replacement.
Where this number comes from
Ranked 2,503 of 4,704, the Magic Chef MCTM18PS 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. The 360 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.