What the LG LF24WZP62* costs to run
The LG LF24WZP62* is certified by ENERGY STAR at 699 kWh a year, one of the more expensive models in its category to run among refrigerators currently certified.
The $131 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 81.1% above the refrigerator category average of 386 kWh/yr, and ranks 4,458 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 $59/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 LG LCFC26XS* ($131/yr, 699 kWh/yr), and one step pricier is LG LF24Z6330* ($131/yr, 699 kWh/yr).
Same brand, different models
LG makes 132 ENERGY STAR certified refrigerators; this one ranks 81 of 132 for running cost, between the brand's cheapest, the LK14S8000* at $39/yr, and its priciest, the LRMXS3006* at $150/yr.
Cost over its typical lifespan
Over the 13-year service life NAHB reports for this category, running the LG LF24WZP62* costs roughly $1,708 in electricity, separate from the purchase price.
Shopping for a new one
Running above the category average, $131/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.
Worth comparing a few current certified models before deciding.
Protecting what you have
Whether or not the LG LF24WZP62* ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
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 4,458 of 4,704, the LG LF24WZP62* 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.