Midea HD-423FW Running Cost (Refrigerator)
Midea HD-423FW: running cost
At 311 kWh/yr, the Midea HD-423FW's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified refrigerator.
That $58 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 19.4% less, ranking 1,846 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 $14/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 Midea HD-423FW: L2 LRT12B2AWW ($58/yr, 311 kWh/yr), then Midea HD-423ST-BKS ($58/yr, 311 kWh/yr).
Same brand, different models
Ranked 73 of Midea's 162 certified refrigerators, this sits between the MRW14B2ABB ($23/yr, the brand's cheapest) and the MRF29D9B ($147/yr, its priciest).
What this adds up to over time
13 years is NAHB's typical service life for this category; at $58/year, the Midea HD-423FW adds up to about $760 in electricity over that span.
Is it worth replacing?
Efficient as certified refrigerators go, $58/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
At $58/year just to run, a refrigerator is worth protecting against an unplanned repair bill on top of that.
Where this number comes from
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. 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.