Running cost for the Summit LRF15W
The Summit LRF15W is certified by ENERGY STAR at 332 kWh a year, cheaper than most models in its category to run among refrigerators currently certified.
The $62 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Summit LRF15W against the category
That's 14% below the refrigerator category average of 386 kWh/yr, and ranks 2,208 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 $10/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Arctic King ARB47B5*** ($63/yr, 333 kWh/yr) costs a little more to run than the Summit LRF15W. Summit LRF15SS ($62/yr, 332 kWh/yr) costs a little less.
Within the Summit lineup
Summit makes 148 ENERGY STAR certified refrigerators; this one ranks 48 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 LRF15W costs roughly $811 in electricity, separate from the purchase price.
Shopping for a new one
The Summit LRF15W is already efficient for its category at $62/year. If you're shopping and comparing options, this is roughly what a well-chosen new refrigerator costs to run.
Worth comparing a few current certified models before deciding.
Protecting what you have
The Summit LRF15W already costs $62/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
Sourcing
Nothing here is estimated from a nameplate wattage; the 332 kWh/yr is ENERGY STAR's own certified figure for this model. Ranked 2,208 of 4,704, the Summit LRF15W 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.