LG LW6023IVSM Running Cost (Room Air Conditioner)
What the LG LW6023IVSM costs to run
ENERGY STAR certifies the LG LW6023IVSM at 290.3 kWh/yr, one of the cheaper models in its category to run for its category.
That $55 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.
How the LG LW6023IVSM compares to other room air conditioners
Against the category average of 603 kWh/yr, this model uses 51.9% less, ranking 14 of 447 room air conditioners tracked here for running cost. 447 certified room air conditioners, one average, about $59/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the LG LW6023IVSM on that list: Midea MAW06V1KYWT-S ($53/yr, 281.3 kWh/yr) runs slightly less, while Midea MAW06U1QWT ($56/yr, 298 kWh/yr) runs slightly more.
Same brand, different models
Of the 12 ENERGY STAR certified room air conditioners LG makes, the LW6023IVSM is the cheapest to run, $174/year less than LG's priciest, the LW2422IVSM(230V).
Cost over its typical lifespan
Over the 10-year service life NAHB reports for this category, running the LG LW6023IVSM costs roughly $546 in electricity, separate from the purchase price.
Is it worth replacing?
Efficient as certified room air conditioners go, $55/year is a reasonable baseline if you're comparing what else is on the market.
Compare current ENERGY STAR certified room air conditioners before buying.
If you're keeping it
At $55/year just to run, a room air conditioner is worth protecting against an unplanned repair bill on top of that.
How this was checked
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. The full Room Air Conditioner category page shows all 447 room air conditioners ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.