Running cost for the Summit SLDC2404
At 317 kWh/yr, the Summit SLDC2404's ENERGY STAR certification puts it one of the cheaper models in its category to run against every other certified clothes dryer.
The $60 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Summit SLDC2404 against the category
That's 44.6% below the clothes dryer category average of 572 kWh/yr, and ranks 91 of 639 certified clothes dryers for annual running cost, 1 being cheapest. The category average comes from every clothes dryer ENERGY STAR currently certifies (639 models), not an outside benchmark, about $48/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
TRUARCTIC TAFD2438HW ($60/yr, 317 kWh/yr) costs a little more to run than the Summit SLDC2404. Summit LDES248 ($60/yr, 317 kWh/yr) costs a little less.
Comparing Summit's own models
Among Summit's 6 certified clothes dryers, this is the priciest to run, $6/year over the LBDHP244, the brand's cheapest.
Summit SLDC2404 over 12 years
12 years is NAHB's typical service life for this category; at $60/year, the Summit SLDC2404 adds up to about $715 in electricity over that span.
Is it worth replacing?
The Summit SLDC2404 is already efficient for its category at $60/year. If you're shopping and comparing options, this is roughly what a well-chosen new clothes dryer costs to run.
Compare current ENERGY STAR certified clothes dryers before buying.
Protecting what you have
Whether or not the Summit SLDC2404 ever needs replacing, a repair is the more common failure for a clothes dryer, one a protection plan budgets for ahead of time.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 91 of 639 certified dryers for running cost, the Summit SLDC2404 is also worth reading with a caveat specific to this category: the methodology page explains why ENERGY STAR's own combined-energy figure for dryers can overstate the electric bill impact of a gas model.