How much does a 4 bay NAS cost to run 24/7? Synology DS923+ power cost
By TechCompare · Updated · How we check
A 4 bay NAS at 35.51 W costs about $56 a year at $0.18/kWh and about €93 at €0.30/kWh. If the drives sleep most of the day, the 11.52 W hibernation draw cuts the energy by 67.6%.
A 4 bay NAS like the Synology DS923+ draws 35.51 W in access mode, according to Synology's own specifications. Left on 24/7, that comes to 311.1 kWh a year, or $55.99 at $0.18/kWh, which is $4.67 a month.
The table below shows the same device at three dollar rates and three euro rates. Find the price closest to your bill and read the yearly cost from that row.
Yearly cost at six example rates, for 311.1 kWh a year
| Example rate | Yearly cost | Monthly cost |
|---|---|---|
| $0.12 per kWh | $37.33 | $3.11 |
| $0.18 per kWh | $55.99 | $4.67 |
| $0.30 per kWh | $93.32 | $7.78 |
| €0.20 per kWh | €62.21 | €5.18 |
| €0.30 per kWh | €93.32 | €7.78 |
| €0.40 per kWh | €124.43 | €10.37 |
Your own rate will differ. Open this scenario in euros and type the price from your bill.
How this is calculated
Synology's DS923+ product specifications, last updated in July 2025, list 35.51 W in access mode and 11.52 W during HDD hibernation. The sheet doesn't say how many drives Synology tested or what workload it ran, so treat the access figure as a working draw and your own plug meter as the final word. The 100 W adapter rating on the same sheet is a limit for the power supply, not what the NAS uses.
QNAP gives a second data point for a four bay unit. Its TS-464 specifications list 40.536 W in typical operation and 21.618 W in disk standby, tested with drives fully populated. The two brands land in the same range.
The estimator takes watts, a utilization percent and hours per day. A reading that's already an average goes in at 100% utilization for 24 hours, and this page does exactly that.
Verdict
Plan on about $56 a year for a 4 bay NAS that stays on all day, at $0.18/kWh. At €0.30/kWh the same unit costs about €93, and at €0.40/kWh about €124.
Drive count, drive model and how often the drives spin all change the real figure. Measure the NAS with a plug meter for a day, divide the kWh by 24, and enter that average at 100% utilization. If the unit spends long stretches in hibernation, model those hours as a second device.
More Always on scenarios
Related guides
Frequently asked questions
How much electricity does a 4 bay NAS use in a year?
Does a NAS use less power when the drives hibernate?
What does a 4 bay NAS cost to run in euros?
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