Summit LBF16W Running Cost (Refrigerator)
Running cost for the Summit LBF16W
ENERGY STAR certifies the Summit LBF16W at 429 kWh/yr, more expensive than most models in its category to run for its category.
That $81 is priced at 18.8¢/kWh, the average of all 51 state rates this site tracks. Your own state's rate is one click away.
Efficient, or not, for a refrigerator
The category average is 386 kWh/yr; this model runs 11.1% above it, ranking 3,062 of 4,704 refrigerators tracked here for running cost. That average is drawn from all 4,704 refrigerators ENERGY STAR currently certifies, not an outside number, a $8/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the Summit LBF16W: Summit LBF16SS ($81/yr, 429 kWh/yr), then Summit SBF16B ($81/yr, 429 kWh/yr).
Same brand, different models
Ranked 112 of Summit's 148 certified refrigerators, this sits between the ADRD15 ($48/yr, the brand's cheapest) and the S4D18WIM ($102/yr, its priciest).
What this adds up to over time
Over the 13-year service life NAHB reports for this category, running the Summit LBF16W costs roughly $1,048 in electricity, separate from the purchase price.
Weighing a replacement
At $81/year, this is on the expensive side for a refrigerator; the cheapest certified model in this category runs about $8/year, worth knowing before buying either the Summit LBF16W or its replacement.
Worth comparing a few current certified models before deciding.
If you're keeping it
Whether or not the Summit LBF16W ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
Where this number comes from
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. The full Refrigerator category page shows all 4,704 refrigerators ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.