LG LM23BZH5 Running Cost (Refrigerator)
Running cost for the LG LM23BZH5
At 628 kWh/yr, the LG LM23BZH5's ENERGY STAR certification puts it one of the more expensive models in its category to run against every other certified refrigerator.
The $118 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 62.7% above the refrigerator category average of 386 kWh/yr, and ranks 4,186 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 $45/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 Kenmore 7566# ($118/yr, 628 kWh/yr), and one step pricier is LG SIGNATURE UM23BZH98 ($118/yr, 628 kWh/yr).
Within the LG lineup
LG makes 132 ENERGY STAR certified refrigerators; this one ranks 48 of 132 for running cost, between the brand's cheapest, the LK14S8000 at $39/yr, and its priciest, the LRMXS3006 at $150/yr.
LG LM23BZH5 over 13 years
Over the 13-year service life NAHB reports for this category, running the LG LM23BZH5 costs roughly $1,535 in electricity, separate from the purchase price.
Weighing a replacement
The LG LM23BZH5 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 $118/year every year.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
$118/year to run is the predictable cost of the LG LM23BZH5; 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. At rank 4,186 of 4,704 for running cost, see the refrigerator category page for the rest of the field, or the guide to how much your state matters.