Model
Midea HD-423FW
Rank #399 means 398 of the 1,000 refrigerator models we track cost less to run each year; the 61st efficiency percentile means it uses less energy for its size than 61% of those models.
What does the Midea HD-423FW cost to run per year?
The Midea HD-423FW is a relatively cheap runner for its class: about $58 a year, rank #399 of 1,000. It uses 10% less energy than the U.S. federal standard model in its class, which would cost about $64/yr to run, a saving of roughly $6 a year. Once capacity is factored in, its 61th efficiency percentile puts it ahead of most peers in its class. At 11.5 cu ft, it is a mid-size refrigerator for the class, which runs 1.2 to 31.7 cu ft; size and efficiency are the two levers behind the figure above, and this dataset does not carry a separate efficiency-factor column for this class.
Immediately around it on the leaderboard, the Frigidaire FRTE1226AB at $58/yr runs a little cheaper and the Omnimax 3760-913 at $58/yr runs a little more, a sense of how tightly models are packed at this point in the ranking. A refrigerator typically stays in service for somewhere around 12 years; over that span, the Midea HD-423FW's $58/yr adds up to roughly $696 in electricity alone, before purchase price or repairs.
Also sold as: Frigidaire FRTE1226AB.
By the numbers
The Midea HD-423FW normalized against its whole class, so each figure means something.
What it costs you over time
Running cost is an every-year number, so it compounds. At $58/yr, here is what the Midea HD-423FW adds up to before purchase price, water, or repairs enter the math.
Left running for a decade at today's US average rate, the Midea HD-423FW costs about $580. That is roughly $60 less than a standard model in its class, which would run closer to $640 over the same ten years.
How the Midea HD-423FW compares
The refrigerator class we track runs from $8 to $149 a year. At $58/yr, it runs about $6 a year cheaper than the class median of $64, and it is about $50 a year more than the cheapest refrigerator to run at $8. Against the US federal standard model for its class at about $64/yr, the Midea HD-423FW uses 10% less energy.
What drives its running cost
At 11.5 cu ft, the Midea HD-423FW is a mid-size refrigerator for its class, which spans 1.2 to 31.7 cu ft with a median of 12.6 cu ft, neither the size advantage of a small unit nor the size penalty of a large one applies here, so its running cost is a fairer test of efficiency alone.
- Interior volume. Cubic feet of interior volume is the first thing that scales a fridge's running cost up or down, before compressor quality even enters the picture.
- Counter depth vs standard depth. Counter-depth models sit flush with cabinets but usually hold less interior volume than a standard-depth model of the same width, which can nudge the per-cubic-foot running cost either way.
- Compressor technology. Newer variable-speed (inverter) compressors modulate output instead of cycling fully on and off, which tends to use less energy for the same cooling job than an older fixed-speed compressor.
- Placement and ventilation. A fridge pushed tight against a wall or cabinet, or standing next to an oven or in direct sun, works harder to shed the heat its compressor produces, which can push real-world cost above the published figure.
Common questions
Is the Midea HD-423FW cheap to run?
Yes, relatively. At $58 a year it ranks #399 of 1,000 refrigerator models we track, in the cheaper part of its class to run.
How much does the Midea HD-423FW cost per month?
Roughly $4.81/mo, spreading the $58/yr estimate evenly across twelve months at $0.1856/kWh. Actual monthly bills swing with your rate and usage pattern.
How is this running-cost figure calculated?
We take the model's published annual energy use of 311 kWh from ENERGY STAR and multiply it by the US average residential electricity rate of $0.1856/kWh, giving about $58 a year. It is an electricity-only estimate and does not include purchase price, water, or installation.
How efficient is the Midea HD-423FW for its size?
61st percentile once size is factored in, a fairly typical result for the class.
Cheaper to run in the same class
Source
ES_1030337_HD-423FW_09252019124951_80017039View certified refrigerator listingsENERGY STAR data as of July 2026Midea and HD-423FW are used here for identification only and are not endorsements. Figures are computed by WattWise Labs from public ENERGY STAR data, not measured in our own lab.