Running cost for the LG SRFVC2416*
ENERGY STAR certifies the LG SRFVC2416* at 717 kWh/yr, one of the more expensive models in its category to run for its category.
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 85.8% above the refrigerator category average of 386 kWh/yr, and ranks 4,538 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 LRMVC2306* ($135/yr, 716 kWh/yr), and one step pricier is Signature Kitchen Suite SKSFD3613* ($135/yr, 717 kWh/yr).
Same brand, different models
LG makes 132 ENERGY STAR certified refrigerators; this one ranks 104 of 132 for running cost, between the brand's cheapest, the LK14S8000* at $39/yr, and its priciest, the LRMXS3006* at $150/yr.
Cost over its typical lifespan
13 years is NAHB's typical service life for this category; at $135/year, the LG SRFVC2416* adds up to about $1,752 in electricity over that span.
Is it worth replacing?
Running above the category average, $135/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.
Compare current ENERGY STAR certified refrigerators before buying.
Protecting what you have
$135/year to run is the predictable cost of the LG SRFVC2416*; 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. 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.