How Much Does a Refrigerator Cost to Run?
A refrigerator costs approximately $210/year to run at $0.16/kWh. That is $17.52/month or $0.024/hour.
💰 Refrigerator Running Cost Calculator
$0.16/kWh
24 hrs
365
Per Hour
$0.024
Per Day
$0.58
Per Month
$17.52
Per Year
$210
5-Year Cost
$1,051
kWh/Year
1,314
Based on 150W rated power. Actual varies by model and usage.
Refrigerator Cost at Different Rates
| Rate | Monthly | Annual |
|---|---|---|
| $0.08 | $8.75 | $105 |
| $0.10 | $10.92 | $131 |
| $0.12 | $13.17 | $158 |
| $0.16 | $17.50 | $210 |
| $0.20 | $21.92 | $263 |
| $0.25 | $27.42 | $329 |
| $0.30 | $32.83 | $394 |
| $0.35 | $38.33 | $460 |
Refrigerator Energy Usage Explained
A refrigerator consumes 150W. At 24 hours/day for 365 days/year, that is 1,314 kWh annually — about 12.5% of average US household usage (10,500 kWh).
How to Calculate Running Cost
Cost = (Watts ÷ 1000) × Hours × Rate
For your refrigerator: (150W ÷ 1000) × 24 hrs × $0.16/kWh = $0.58/day.
Tips to Reduce Costs
Use time-of-use electricity plans for off-peak rates ($0.05–$0.10/kWh overnight). Upgrade to Energy Star certified models. Use smart plugs or timers. Check rates in your state with our Electricity Cost Calculator.
Disclaimer: Estimates based on rated wattage. Actual consumption varies by model, age, and usage patterns.
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