Summit CP7 Running Cost (Refrigerator)
What the Summit CP7 costs to run
At 327 kWh/yr, the Summit CP7's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified refrigerator.
The $61 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Summit CP7 against the category
That's 15.3% below the refrigerator category average of 386 kWh/yr, and ranks 2,116 of 4,704 certified refrigerators for annual running cost, 1 being cheapest. The category average comes from every refrigerator ENERGY STAR currently certifies (4,704 models), not an outside benchmark, about $11/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Summit CP72W ($61/yr, 327 kWh/yr) costs a little more to run than the Summit CP7. Summit CP7 ($61/yr, 327 kWh/yr) costs a little less.
Same brand, different models
Summit makes 148 ENERGY STAR certified refrigerators; this one ranks 33 of 148 for running cost, between the brand's cheapest, the ADRD15 at $48/yr, and its priciest, the S4D18WIM at $102/yr.
Cost over its typical lifespan
Over the 13-year service life NAHB reports for this category, running the Summit CP7 costs roughly $799 in electricity, separate from the purchase price.
Shopping for a new one
The Summit CP7 is already efficient for its category at $61/year. If you're shopping and comparing options, this is roughly what a well-chosen new refrigerator costs to run.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
A refrigerator like the Summit CP7 is a real household expense whether or not it needs replacing yet; a protection plan is one way to budget for a repair rather than a full replacement.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 2,116 of 4,704, the Summit CP7 sits in the middle of the refrigerator category, see the guide to why your state changes this number for the other half of the math.