LG LO22SO000V Running Cost (Freezer)
LG LO22SO000V: running cost
ENERGY STAR certifies the LG LO22SO000V at 500 kWh/yr, more expensive than most models in its category to run for its category.
That $94 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 freezer
The category average is 401 kWh/yr; this model runs 24.7% above it, ranking 579 of 658 freezers tracked here for running cost. That average is drawn from all 658 freezers ENERGY STAR currently certifies, not an outside number, a $19/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 LG LO22SO000V: GE FUF22DZR ($94/yr, 500 kWh/yr), then Signature Kitchen Suite SKSCF2401 ($94/yr, 500 kWh/yr).
Comparing LG's own models
Of the 3 ENERGY STAR certified freezers LG makes, the LO22SO000V costs the most to run, $41/year more than LG's cheapest, the LROFC0605.
Lifespan
NAHB's Study of Life Expectancy of Home Components does not publish a figure for freezers, so no lifetime cost is shown here rather than a guessed one. The annual and monthly figures above stand on their own.
Is it worth replacing?
At $94/year, this is on the expensive side for a freezer; the cheapest certified model in this category runs about $26/year, worth knowing before buying either the LG LO22SO000V or its replacement.
See what else is certified in this category before you decide.
If you're keeping it
At $94/year just to run, a freezer is worth protecting against an unplanned repair bill on top of that.
Where this number comes from
Ranked 579 of 658, the LG LO22SO000V sits in the middle of the freezer category, see the guide to why your state changes this number for the other half of the math. The 500 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.