Summit LBM1033W Running Cost (Refrigerator)
Running cost for the Summit LBM1033W
ENERGY STAR certifies the Summit LBM1033W at 385 kWh/yr, about average for its category to run for its category.
The $72 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Summit LBM1033W against the category
That's 0.3% below the refrigerator category average of 386 kWh/yr, and ranks 2,803 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 $0/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Summit LBM1035PL ($72/yr, 385 kWh/yr) costs a little more to run than the Summit LBM1033W. Summit FFBF103 ($72/yr, 385 kWh/yr) costs a little less.
Within the Summit lineup
Summit makes 148 ENERGY STAR certified refrigerators; this one ranks 79 of 148 for running cost, between the brand's cheapest, the ADRD15 at $48/yr, and its priciest, the S4D18WIM at $102/yr.
Summit LBM1033W over 13 years
13 years is NAHB's typical service life for this category; at $72/year, the Summit LBM1033W adds up to about $941 in electricity over that span.
Weighing a replacement
The Summit LBM1033W is already efficient for its category at $72/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
At $72/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. 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.