LG LRSVS2706 Running Cost (Refrigerator)

Name: LG LRSVS2706
Brand: LG

What the LG LRSVS2706 costs to run

One of the more expensive models in its category to run

$130/year at 18.8¢/kWh, the 51-state average

ENERGY STAR certifies the LG LRSVS2706 at 694 kWh/yr, one of the more expensive models in its category to run for its category.

$0.36per day

$10.87per month

694kWh per year, certified

$1,696over a 13-yr lifespan

See this at your own electricity rate

The $130 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.

LG LRSVS2706 against the category

That's 79.8% above the refrigerator category average of 386 kWh/yr, and ranks 4,446 of 4,704 certified refrigerators for annual running cost, 1 being cheapest. The category average comes from every refrigerator ENERGY STAR currently certifies (4,704 models), not an outside benchmark, about $58/year above that average at the national rate. See the methodology page.

What sits beside it in the ranking

Samsung RF30BB6200 ($131/yr, 695 kWh/yr) costs a little more to run than the LG LRSVS2706. LG LRSOS2706 ($130/yr, 694 kWh/yr) costs a little less.

Comparing LG's own models

LG makes 132 ENERGY STAR certified refrigerators; this one ranks 79 of 132 for running cost, between the brand's cheapest, the LK14S8000 at $39/yr, and its priciest, the LRMXS3006 at $150/yr.

LG LRSVS2706 over 13 years

Over the 13-year service life NAHB reports for this category, running the LG LRSVS2706 costs roughly $1,696 in electricity, separate from the purchase price.

Is it worth replacing?

At $130/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 LRSVS2706 or its replacement.

Compare current ENERGY STAR certified refrigerators before buying.

Protecting what you have

$130/year to run is the predictable cost of the LG LRSVS2706; a protection plan covers the unpredictable one, a repair bill.

Sourcing

Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 4,446 of 4,704, the LG LRSVS2706 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.