What the LG LF24C8200* costs to run
At 640 kWh/yr, the LG LF24C8200*'s ENERGY STAR certification puts it one of the more expensive models in its category to run against every other certified refrigerator.
The $120 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 65.8% above the refrigerator category average of 386 kWh/yr, and ranks 4,246 of 4,704 certified refrigerators for annual running cost, 1 being cheapest. Every one of the 4,704 currently-certified refrigerators feeds that average, putting this model about $48/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 refrigerators, one step cheaper is KitchenAid KRSF705***** ($120/yr, 640 kWh/yr), and one step pricier is Samsung RS22T5201** ($120/yr, 640 kWh/yr).
Comparing LG's own models
LG makes 132 ENERGY STAR certified refrigerators; this one ranks 60 of 132 for running cost, between the brand's cheapest, the LK14S8000* at $39/yr, and its priciest, the LRMXS3006* at $150/yr.
What this adds up to over time
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the LG LF24C8200* that long and it costs about $1,564 in electricity, on top of whatever it cost to buy.
Shopping for a new one
The LG LF24C8200* runs above its category average. If the refrigerator you actually own is older still, likely well past ENERGY STAR's efficiency baseline when it was made, a current certified model could cost meaningfully less than this model's $120/year every year.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
$120/year to run is the predictable cost of the LG LF24C8200*; a protection plan covers the unpredictable one, a repair bill.
The data behind this page
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 4,246 of 4,704, the LG LF24C8200* sits in the middle of the refrigerator category, see the guide to why your state changes this number for the other half of the math.