LG SWWG503 Running Cost (Clothes Dryer)
Running cost for the LG SWWG503
At 685 kWh/yr, the LG SWWG503's ENERGY STAR certification puts it more expensive than most models in its category to run against every other certified clothes dryer.
The $129 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 19.8% above the clothes dryer category average of 572 kWh/yr, and ranks 513 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 $21/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 DLGY1902E ($129/yr, 685 kWh/yr), and one step pricier is LG SWWG504 ($129/yr, 685 kWh/yr).
Comparing LG's own models
LG makes 144 ENERGY STAR certified clothes dryers; this one ranks 139 of 144 for running cost, between the brand's cheapest, the DLHC1455 at $25/yr, and its priciest, the WSGX201HA at $129/yr.
LG SWWG503 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 SWWG503 that long and it costs about $1,545 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
At $129/year, this is on the expensive side for a clothes dryer; the cheapest certified model in this category runs about $23/year, worth knowing before buying either the LG SWWG503 or its replacement.
Compare current ENERGY STAR certified clothes dryers before buying.
Protecting what you have
$129/year to run is the predictable cost of the LG SWWG503; a protection plan covers the unpredictable one, a repair bill.
The data behind this page
Nothing here is estimated from a nameplate wattage; the 685 kWh/yr is ENERGY STAR's own certified figure for this model. Ranked 513 of 639 certified dryers for running cost, the LG SWWG503 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. Whether a repair or a full replacement dryer makes more sense once the electric bill is this well known is covered in the guide to when replacing one pays off.