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

RateMonthlyAnnual
$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

Electricity cost to run a Refrigerator

A typical Refrigerator draws 150 watts when running and operates roughly 24 hours per day on average. That works out to 3.60 kWh per day, 110 kWh per month, and approximately 1,314 kWh per year.

At the US-average residential rate of 16.4 cents per kWh (EIA April 2026), the Refrigerator costs roughly $210 per year to operate. In cheap-power states like Idaho or Washington at 11 cents, it is closer to $158. In expensive states like California or Massachusetts at 30 cents, it climbs to $329. In Hawaii at 41 cents per kWh, the annual cost is approximately $541.

Running watts
150 W
Daily kWh
3.60
Annual kWh
1,314
US-avg cost/yr
$210

Annual cost by state rate

Rate scenarioRate (c/kWh)Annual kWhAnnual cost
Idaho, Washington (cheapest)11.01,314$145
Texas, Florida14.01,314$184
US national average16.41,314$210
New York, Connecticut25.01,314$329
California, Massachusetts30.01,314$394
Hawaii (most expensive)41.21,314$541

EnergyStar vs standard model

An EnergyStar-rated Refrigerator typically uses about 15 percent less energy than a standard model. That translates to roughly 1,117 kWh per year instead of 1,314, saving $31 per year at US-average rates. Over a typical 10-year service life, that is around $310 in saved electricity, which usually outpaces the upfront price premium for the efficient model.

Frequently asked questions

How much electricity does a Refrigerator use?

A typical Refrigerator uses about 3.60 kWh per day running 24 hours at 150W. That works out to roughly 110 kWh per month and 1,314 kWh per year. Your actual use will vary with how often you run it.

How much does it cost to run a Refrigerator per month?

At US-average electricity rates (16.4 cents/kWh), running the Refrigerator costs about $18.04 per month. In low-rate states it can be as little as $12.10; in high-rate states like California, expect closer to $33.00 per month.

What is the annual cost of running a Refrigerator?

Annual operating cost at US-average rates: approximately $210 per year. The range across US states is roughly $131 (cheapest) to $541 (Hawaii). An EnergyStar model saves about $31 per year compared to a standard model.

How can I reduce the cost of my Refrigerator?

Upgrade to an EnergyStar-rated model, savings of about 15 percent (around $31/year). Reduce daily runtime, every hour cut saves about $9 per year. Check whether your utility offers a time-of-use plan that aligns with this appliance use pattern.

What watt rating should I expect for a Refrigerator?

Typical running wattage for a Refrigerator is around 150 watts, with brief startup peaks of up to 600 watts. Specific models vary; check the nameplate label on your unit for exact figures. Common variation is plus-or-minus 20 percent of the typical value.

Cost figures are estimates based on typical wattage, runtime, and US-average electricity rates as of April 2026. Your actual cost depends on your specific appliance, usage pattern, and local electricity tariff (which may include time-of-use pricing, tiered rates, or demand charges not modeled here).
Data sources: EIA Electric Power Monthly April 2026 release (electricity rates by state), DOE Appliance Standards Final Rule technical support documents (typical wattage), EnergyStar product database (efficient-model comparisons), EIA Residential Energy Consumption Survey 2020 (typical household consumption).

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.

Frequently Asked Questions

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