LG LRMVC2306 Running Cost (Refrigerator)
LG LRMVC2306: running cost
At 716 kWh/yr, the LG LRMVC2306's ENERGY STAR certification puts it one of the more expensive models in its category to run against every other certified refrigerator.
The $135 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 85.5% above the refrigerator category average of 386 kWh/yr, and ranks 4,537 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 $62/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 LRMDC2306 ($135/yr, 716 kWh/yr), and one step pricier is LG SRFVC2416 ($135/yr, 717 kWh/yr).
Within the LG lineup
LG makes 132 ENERGY STAR certified refrigerators; this one ranks 103 of 132 for running cost, between the brand's cheapest, the LK14S8000 at $39/yr, and its priciest, the LRMXS3006 at $150/yr.
LG LRMVC2306 over 13 years
13 years is NAHB's typical service life for this category; at $135/year, the LG LRMVC2306 adds up to about $1,750 in electricity over that span.
Weighing a replacement
The LG LRMVC2306 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 $135/year every year.
See what else is certified in this category before you decide.
Protecting what you have
Whether or not the LG LRMVC2306 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
Nothing here is estimated from a nameplate wattage; the 716 kWh/yr is ENERGY STAR's own certified figure for this model. The full Refrigerator category page shows all 4,704 refrigerators ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.