LG LF24Z6330*: running cost
The LG LF24Z6330* 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.
That $131 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 refrigerator
The category average is 386 kWh/yr; this model runs 81.1% above it, ranking 4,459 of 4,704 refrigerators tracked here for running cost. That average is drawn from all 4,704 refrigerators ENERGY STAR currently certifies, not an outside number, a $59/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 LF24Z6330*: LG LF24WZP62* ($131/yr, 699 kWh/yr), then LG LF24Z6530* ($131/yr, 699 kWh/yr).
Same brand, different models
Ranked 82 of LG's 132 certified refrigerators, this sits between the LK14S8000* ($39/yr, the brand's cheapest) and the LRMXS3006* ($150/yr, its priciest).
Cost over its typical lifespan
NAHB's Study of Life Expectancy of Home Components puts a typical refrigerator's service life at 13 years; run the LG LF24Z6330* that long and it costs about $1,708 in electricity, on top of whatever it cost to buy.
Shopping for a new one
At $131/year, this is on the expensive side for a refrigerator; the cheapest certified model in this category runs about $8/year, worth knowing before buying either the LG LF24Z6330* or its replacement.
Compare current ENERGY STAR certified refrigerators before buying.
If you're keeping it
Whether or not the LG LF24Z6330* ever needs replacing, a repair is the more common failure for a refrigerator, one a protection plan budgets for ahead of time.
Where this number comes from
Ranked 4,459 of 4,704, the LG LF24Z6330* 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. The 699 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.