Marvel MLBV24-IS01A Running Cost (Refrigerator)
Marvel MLBV24-IS01A: running cost
At 219 kWh/yr, the Marvel MLBV24-IS01A's ENERGY STAR certification puts it one of the cheaper models in its category to run against every other certified refrigerator.
That $41 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 43.3% less, ranking 712 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 $31/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 Marvel MLBV24-IS01A: Magic Chef MCR32CHWF ($41/yr, 219 kWh/yr), then Marvel MLBV24-SS01A ($41/yr, 219 kWh/yr).
Comparing Marvel's own models
Ranked 31 of Marvel's 80 certified refrigerators, this sits between the MPD#24-G#1A ($24/yr, the brand's cheapest) and the MRFF236-SSK1A ($101/yr, its priciest).
What this adds up to over time
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Marvel MLBV24-IS01A that long and it costs about $535 in electricity, on top of whatever it cost to buy.
Weighing a replacement
Efficient as certified refrigerators go, $41/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
A refrigerator like the Marvel MLBV24-IS01A 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
Nothing here is estimated from a nameplate wattage; the 219 kWh/yr is ENERGY STAR's own certified figure for this model. The full Refrigerator category page shows all 4,704 refrigerators ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.