ApplianceCostFinder

LG SWWG503 Running Cost (Washing Machine)

LG SWWG503: running cost

Cheaper than most models in its category to run
$19/year at 18.8¢/kWh, the 51-state average

The LG SWWG503 is certified by ENERGY STAR at 99 kWh a year, cheaper than most models in its category to run among washing machines currently certified.

$0.05per day
$1.55per month
99kWh per year, certified
$186over a 10-yr lifespan

The $19 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.

LG SWWG503 against the category

That's 19.5% below the washing machine category average of 123 kWh/yr, and ranks 89 of 398 certified washing machines for annual running cost, 1 being cheapest. The category average comes from every washing machine ENERGY STAR currently certifies (398 models), not an outside benchmark, about $5/year below that average at the national rate. See the methodology page.

What sits beside it in the ranking

LG SWWG504 ($19/yr, 99 kWh/yr) costs a little more to run than the LG SWWG503. LG SWWE504 ($19/yr, 99 kWh/yr) costs a little less.

Comparing LG's own models

LG makes 93 ENERGY STAR certified washing machines; this one ranks 10 of 93 for running cost, between the brand's cheapest, the WM3420C at $15/yr, and its priciest, the WT7485C at $41/yr.

What this adds up to over time

NAHB's Study of Life Expectancy of Home Components puts a typical washing machine's service life at 10 years; run the LG SWWG503 that long and it costs about $186 in electricity, on top of whatever it cost to buy.

Is it worth replacing?

The LG SWWG503 is already efficient for its category at $19/year. If you're shopping and comparing options, this is roughly what a well-chosen new washing machine costs to run.

Compare current ENERGY STAR certified washing machines before buying.

Protecting what you have

Whether or not the LG SWWG503 ever needs replacing, a repair is the more common failure for a washing machine, one a protection plan budgets for ahead of time.

Sourcing

Nothing here is estimated from a nameplate wattage; the 99 kWh/yr is ENERGY STAR's own certified figure for this model. The full Washing Machine category page shows all 398 washing machines ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.