LG LW8024IVSM: running cost
ENERGY STAR certifies the LG LW8024IVSM at 425 kWh/yr, one of the cheaper models in its category to run for its category.
The $80 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 29.5% below the room air conditioner category average of 603 kWh/yr, and ranks 129 of 447 certified room air conditioners for annual running cost, 1 being cheapest. Every one of the 447 currently-certified room air conditioners feeds that average, putting this model about $33/year under it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among room air conditioners, one step cheaper is Gradient CCHP11 ($78/yr, 415.2 kWh/yr), and one step pricier is Brothers 102378 ($80/yr, 425.5 kWh/yr).
Same brand, different models
LG makes 12 ENERGY STAR certified room air conditioners; this one ranks 3 of 12 for running cost, between the brand's cheapest, the LW6023IVSM at $55/yr, and its priciest, the LW2422IVSM(230V) at $229/yr.
What this adds up to over time
10 years is NAHB's typical service life for this category; at $80/year, the LG LW8024IVSM adds up to about $799 in electricity over that span.
Is it worth replacing?
The LG LW8024IVSM is already efficient for its category at $80/year. If you're shopping and comparing options, this is roughly what a well-chosen new room air conditioner costs to run.
Worth comparing a few current certified models before deciding.
Protecting what you have
At $80/year just to run, a room air conditioner is worth protecting against an unplanned repair bill on top of that.
The data behind this page
At rank 129 of 447 for running cost, see the room air conditioner category page for the rest of the field, or the guide to how much your state matters. The 425 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.