A large annual dollar figure on a refrigerator label can look like a promise about the next household bill. It is an estimate built from assumptions. To see which assumption changes the result, separate the electricity quantity from the price paid for each unit. One retained GE Appliances EnergyGuide provides the worked example below; two invented rates change the arithmetic without pretending to measure a home.
Identify the label before borrowing its number
The inspected document is GE Appliances EnergyGuide 245D2140P034, hosted as a PDF by US Appliance. It lists the GTS22KGN, GTS22KMN and GTS22KSN model families, with a capacity of 21.9 cubic feet. It describes an automatic-defrost refrigerator-freezer with a top-mounted freezer and no through-the-door ice. This is a particular retained label, not an assertion that every appliance currently sold carries this edition.
Its estimated annual electricity use is 451 kWh. Its estimated yearly energy cost is $54, with a footnote using a national average electricity price of 12 cents per kWh. Independently, GE's official comparison page for GTS22KGNRWW lists annual energy consumption of 451 kWh. That agreement supports the chosen example without converting its published consumption into a measurement of your appliance.
The label also distinguishes comparison ranges and says to compare labels with yellow numbers based on the same test procedures. A different edition or comparison group should not be silently substituted because another yellow label looks familiar. Keep the document identifier and its assumptions alongside any number copied into a household note.
Change the rate, keeping the annual quantity fixed
For the first fictional calculation, suppose the electricity price used for this exercise is $0.16 per kWh. Multiply 451 kWh by $0.16 per kWh: the units of electricity cancel, leaving $72.16 for the year. The second fictional rate is $0.24 per kWh. The same multiplication gives 451 multiplied by 0.24, or $108.24.
The difference is $36.08. Nothing in these two examples says the second household opens the door more often, owns a larger refrigerator or uses more electricity. Both calculations deliberately retain 451 kWh. Only the chosen rate changes. That makes the comparison useful for understanding price rather than for diagnosing behavior.
For reference, applying the retained label's stated 12-cent assumption to 451 gives $54.12. The displayed label figure is $54. Keep its printed estimate separate from your unrounded multiplication rather than altering the annual energy quantity to force a different result. The larger fictional-rate results do not demonstrate that the appliance has become less efficient.
Decide what a real bill can actually supply
Before replacing either invented rate with a household figure, establish what the figure represents. A bill may contain items beyond a single price multiplied by electricity use. This exercise does not allocate fixed charges, taxes or any particular utility's rate structure to an appliance. If a chosen rate is an illustrative average derived from a bill, call it that; do not present it as an official appliance tariff.
The FTC explains that the EnergyGuide cost estimate uses typical use and a national average energy price, while actual cost depends on use and local energy prices. Repricing the published annual quantity addresses only one side of that distinction. It does not establish the actual annual quantity for a home, and dividing the result by twelve would still be an averaged estimate rather than a forecast of each monthly bill.
A practical comparison note can therefore have three separate entries: the label edition and published annual kWh; the electricity-price assumption selected for the calculation; and the resulting estimated electricity cost. Leave any actual-use field unknown if it has not been measured. An empty field is more useful than giving a model estimate the appearance of a household reading.
Use the result for the decision it supports
Imagine a shopper comparing the same retained label while considering two possible electricity prices. The arithmetic shows how sensitive that label-based estimate is to price. It does not tell the shopper how an entirely different refrigerator performs, recover a purchase premium or prove that replacing an existing unit will save a particular amount.
If comparing another model, obtain its own applicable label and check the stated test-comparison basis. If estimating a specific household's actual use, that is a different evidence task from reading the manufacturer's published annual figure. Neither task is completed by changing the dollar sign on a screenshot.
There is no need to purchase a monitoring device just to perform this calculation. Start with the identified document and an honestly described rate. The useful outcome is understanding which number has changed, which has stayed fixed and which fact about the household is still unknown.
Sources & further reading
Published sources for the details and examples discussed in this story.



