Summit SBF16B Running Cost (Refrigerator)
Running cost for the Summit SBF16B
At 429 kWh/yr, the Summit SBF16B's ENERGY STAR certification puts it more expensive than most models in its category to run against every other certified refrigerator.
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 3,063 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 SBF16B: Summit LBF16W ($81/yr, 429 kWh/yr), then Summit SBF16PL ($81/yr, 429 kWh/yr).
Comparing Summit's own models
Ranked 113 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
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the Summit SBF16B that long and it costs about $1,048 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
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 SBF16B or its replacement.
Worth comparing a few current certified models before deciding.
If you're keeping it
The Summit SBF16B already costs $81/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
Where this number comes from
Nothing here is estimated from a nameplate wattage; the 429 kWh/yr is ENERGY STAR's own certified figure for this model. Ranked 3,063 of 4,704, the Summit SBF16B 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.