LG DLEX7480*E: running cost
ENERGY STAR certifies the LG DLEX7480*E at 607 kWh/yr, about average for its category to run for its category.
The $114 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 6.1% above the clothes dryer category average of 572 kWh/yr, and ranks 176 of 639 certified clothes dryers for annual running cost, 1 being cheapest. Every one of the 639 currently-certified clothes dryers feeds that average, putting this model about $7/year over it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among clothes dryers, one step cheaper is LG DLEX7300*E ($114/yr, 607 kWh/yr), and one step pricier is LG DLEX7600*E ($114/yr, 607 kWh/yr).
Same brand, different models
LG makes 144 ENERGY STAR certified clothes dryers; this one ranks 65 of 144 for running cost, between the brand's cheapest, the DLHC1455* at $25/yr, and its priciest, the WSGX201H*A at $129/yr.
What this adds up to over time
NAHB's Study of Life Expectancy of Home Components puts a typical clothes dryer's service life at 12 years; run the LG DLEX7480*E that long and it costs about $1,369 in electricity, on top of whatever it cost to buy.
Weighing a replacement
The LG DLEX7480*E is already efficient for its category at $114/year. If you're shopping and comparing options, this is roughly what a well-chosen new clothes dryer costs to run.
Worth comparing a few current certified models before deciding.
Protecting what you have
A clothes dryer like the LG DLEX7480*E is a real household expense whether or not it needs replacing yet; a protection plan is one way to budget for a repair rather than a full replacement.
The data behind this page
Ranked 176 of 639 certified dryers for running cost, the LG DLEX7480*E 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. The 607 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.