Summit LBF16PL Running Cost (Refrigerator)
Running cost for the Summit LBF16PL
ENERGY STAR certifies the Summit LBF16PL at 429 kWh/yr, more expensive than most models in its category to run for its category.
The $81 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Summit LBF16PL against the category
That's 11.1% above the refrigerator category average of 386 kWh/yr, and ranks 3,060 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 $8/year above that average at the national rate. See the methodology page.
What sits beside it in the ranking
Summit LBF16SS ($81/yr, 429 kWh/yr) costs a little more to run than the Summit LBF16PL. Summit LBF16B ($81/yr, 429 kWh/yr) costs a little less.
Within the Summit lineup
Summit makes 148 ENERGY STAR certified refrigerators; this one ranks 110 of 148 for running cost, between the brand's cheapest, the ADRD15 at $48/yr, and its priciest, the S4D18WIM at $102/yr.
What this adds up to over time
Over the 13-year service life NAHB reports for this category, running the Summit LBF16PL costs roughly $1,048 in electricity, separate from the purchase price.
Weighing a replacement
Running above the category average, $81/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.
See what else is certified in this category before you decide.
Protecting what you have
At $81/year just to run, a refrigerator is worth protecting against an unplanned repair bill on top of that.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. At rank 3,060 of 4,704 for running cost, see the refrigerator category page for the rest of the field, or the guide to how much your state matters.