Running cost for the Summit FF1101SS
At 296 kWh/yr, the Summit FF1101SS's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified refrigerator.
The $56 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Summit FF1101SS against the category
That's 23.3% below the refrigerator category average of 386 kWh/yr, and ranks 1,685 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 $17/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Summit FF1102B ($56/yr, 296 kWh/yr) costs a little more to run than the Summit FF1101SS. Summit FF1100W ($56/yr, 296 kWh/yr) costs a little less.
Within the Summit lineup
Summit makes 148 ENERGY STAR certified refrigerators; this one ranks 8 of 148 for running cost, between the brand's cheapest, the ADRD15 at $48/yr, and its priciest, the S4D18WIM at $102/yr.
Summit FF1101SS over 13 years
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Summit FF1101SS that long and it costs about $723 in electricity, on top of whatever it cost to buy.
Shopping for a new one
The Summit FF1101SS is already efficient for its category at $56/year. If you're shopping and comparing options, this is roughly what a well-chosen new refrigerator costs to run.
See what else is certified in this category before you decide.
Protecting what you have
$56/year to run is the predictable cost of the Summit FF1101SS; a protection plan covers the unpredictable one, a repair bill.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 1,685 of 4,704, the Summit FF1101SS 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.