LG LF24Z6330 Running Cost (Refrigerator)
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.