LG DLEX5500*: running cost
The LG DLEX5500* is certified by ENERGY STAR at 607 kWh a year, about average for its category to run among clothes dryers currently certified.
That $114 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.
How the LG DLEX5500* compares to other clothes dryers
The category average is 572 kWh/yr; this model runs 6.1% above it, ranking 169 of 639 clothes dryers tracked here for running cost. 639 certified clothes dryers, one average, about $7/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the LG DLEX5500* on that list: LG DLEX5005* ($114/yr, 607 kWh/yr) runs slightly less, while LG DLEX5800* ($114/yr, 607 kWh/yr) runs slightly more.
Same brand, different models
Ranked 58 of LG's 144 certified clothes dryers, this sits between the DLHC1455* ($25/yr, the brand's cheapest) and the WSGX201H*A ($129/yr, its priciest).
LG DLEX5500* over 12 years
NAHB's Study of Life Expectancy of Home Components puts a typical clothes dryer's service life at 12 years; run the LG DLEX5500* that long and it costs about $1,369 in electricity, on top of whatever it cost to buy.
Shopping for a new one
Efficient as certified clothes dryers go, $114/year is a reasonable baseline if you're comparing what else is on the market.
See what else is certified in this category before you decide.
If you're keeping it
The LG DLEX5500* already costs $114/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
How this was checked
Nothing here is estimated from a nameplate wattage; the 607 kWh/yr is ENERGY STAR's own certified figure for this model. Ranked 169 of 639 certified dryers for running cost, the LG DLEX5500* is also worth reading with a caveat specific to this category: the methodology page explains why ENERGY STAR's own combined-energy figure for dryers can overstate the electric bill impact of a gas model.