Model
Summit LBF16SS
Rank #661 means 660 of the 1,000 refrigerator models we track cost less to run each year; the 84th efficiency percentile means it uses less energy for its size than 84% of those models.
What does the Summit LBF16SS cost to run per year?
Among the 1,000 refrigerator models we track, the Summit LBF16SS's $80/yr running cost ranks it #661, in the above-average-cost group. It uses 10% less energy than the U.S. federal standard model in its class, which would cost about $89/yr to run, a saving of roughly $9 a year. Its size-adjusted efficiency percentile of 84 means the low running cost is not just a function of size; it is genuinely efficient for its class. This class has no published efficiency-factor figure beyond annual kWh itself, so at 19.1 cu ft (the class spans 1.2 to 31.7), size is the clearest lever we can point to for this model's running cost.
Immediately around it on the leaderboard, the Summit FFBF153B at $80/yr runs a little cheaper and the Summit SBF16W at $80/yr runs a little more, a sense of how tightly models are packed at this point in the ranking. A refrigerator typically stays in service for somewhere around 12 years; over that span, the Summit LBF16SS's $80/yr adds up to roughly $960 in electricity alone, before purchase price or repairs.
Also sold as: Summit SBF16W.
By the numbers
The Summit LBF16SS normalized against its whole class, so each figure means something.
What it costs you over time
Running cost is an every-year number, so it compounds. At $80/yr, here is what the Summit LBF16SS adds up to before purchase price, water, or repairs enter the math.
Left running for a decade at today's US average rate, the Summit LBF16SS costs about $800. That is roughly $90 less than a standard model in its class, which would run closer to $890 over the same ten years.
How the Summit LBF16SS compares
The refrigerator class we track runs from $8 to $149 a year. At $80/yr, it runs about $16 a year above the class median of $64, and it is about $72 a year more than the cheapest refrigerator to run at $8. Against the US federal standard model for its class at about $89/yr, the Summit LBF16SS uses 10% less energy.
What drives its running cost
At 19.1 cu ft, the Summit LBF16SS is a large refrigerator for its class, which spans 1.2 to 31.7 cu ft with a median of 12.6 cu ft, size is usually the single biggest lever behind a running-cost figure, and at this end of the range there is more capacity to service, which tends to push the number up.
- Interior volume. More cubic feet of cold air to maintain generally means a bigger compressor and a higher running-cost figure, even among efficient models.
- Counter depth vs standard depth. Standard-depth models generally offer more interior volume per unit of width than counter-depth models, a tradeoff between built-in looks and cubic feet.
- Compressor technology. How a compressor cycles, full on/off versus a variable-speed inverter design, is one of the biggest hidden differences behind two fridges with similar cubic feet but different running costs.
- Placement and ventilation. Ventilation clearance around the back and top matters more than most owners expect; a fridge starved of airflow runs its compressor longer to hold the same temperature.
Common questions
Is the Summit LBF16SS cheap to run?
Its $80/yr running cost, rank #661 of 1,000, is above what most refrigerator models we track cost to run, so this is not one of the cheaper picks on electricity alone.
How much does the Summit LBF16SS cost per month?
About $6.64 a month, which is the $80 annual estimate spread across twelve months at the US average rate of $0.1856/kWh. Your own bill scales with your local electricity rate and how heavily you use it.
How is this running-cost figure calculated?
The formula is annual kWh times price per kWh: 429 kWh from ENERGY STAR times the US average of $0.1856/kWh comes to about $80 a year. It covers electricity only, not the purchase price, water, or installation.
How efficient is the Summit LBF16SS for its size?
84th percentile once size is factored in. That means its size-adjusted efficiency is a real factor in the running-cost figure above; its capacity plays a large role too.
Cheaper to run in the same class
Source
ES_92282_LBF16SS_083020242040721_2375511View certified refrigerator listingsENERGY STAR data as of July 2026Summit and LBF16SS are used here for identification only and are not endorsements. Figures are computed by WattWise Labs from public ENERGY STAR data, not measured in our own lab.