c/kWh
Total capacity
340 L
253 L fridge + 87 L freezer
Energy rating
3.5
Star rating index 3.51
Annual electricity use
327 kWh
Label figure (comparative energy consumption)
Estimated running cost
$108 / year
$8.99 / month ยท $1,079 over 10 years

12% more electricity than the median of 59 comparable 300โ€“399 L bottom-mount fridge freezer registrations (293 kWh a year). It uses less than 29% of them. At 33c/kWh that is about $11 a year more than the median, $112 over 10 years.

Uses 33% less than the maximum allowed for its size and type under the minimum energy performance standard (488 kWh a year MEPS level).

Cost = label kWh ร— 33c/kWh in NZD; change the price above to your tariff.

How efficient is it for its size?

kWh per year. Bar: the middle 80% of 59 comparable 300โ€“399 L bottom-mount fridge freezer registrations. Dot: this model (above the median). Hover or tab to a mark for its value.

Cohort: every currently registered 300โ€“399 L bottom-mount fridge freezer sold in New Zealand, counted once per registration. Star ratings already account for size through the GEMS adjusted-volume formula; this comparison is in raw kWh against models a buyer would actually consider instead.

LG GB-V300MBL running cost

Per month
$8.99
Per year
$108
5 years
$540
10 years
$1,079

327 kWh ร— 33c/kWh. No inflation or tariff change assumed. Fridges run continuously, so the label figure is a whole-year estimate under standard test conditions.

Capacity and compartments

Total gross volume
340 L
Fresh food (fridge) volume
253 L
Frozen storage volume
87 L
GEMS adjusted volume
408 L
freezer compartment
87 L gross
fresh food compartment
253 L gross

Gross volumes exclude shelving. Fresh food = fresh food, chill and cellar compartments; frozen = freezer, two-star and ice-making (zero-star) compartments. Adjusted volume weights frozen space more heavily and is what the government uses to set the star rating for the size.

Similar bottom-mount fridge freezers that use less electricity

Same type, total capacity within 12% of 340 L, at least 3% lower annual kWh.

ModelStarsEst. cost / yrCompare
Liebherr CNef 4315350 L187 kWh/yr6$62
Aeg OSC7P19ACF376 L193 kWh/yr6$64
Aeg 19CBSNV7376 L193 kWh/yr6$64
Miele KFN 4375 DD edt/cs330 L194 kWh/yr6$64
Liebherr SCNsdh 5253332 L194 kWh/yr6$64

Fridges similar to the LG GB-V300MBL

ModelCapacityStarskWh / yr
Westinghouse WBB3402*L
2% smaller, same door count, similar external size, similar star rating
335 L4290
Westinghouse WBB3402WL
2% smaller, same door count, similar external size, similar star rating
335 L4290
Panasonic NR-BV361B
2% smaller, same door count, similar external size, similar star rating
332 L4285
Midea HD-410RWEN
4% smaller, same door count, similar external size, similar star rating
325 L4277
Kogan KAM325BMSFC
4% smaller, same door count, similar external size, similar star rating
325 L4277
Midea MERB430FGF28AP
4% smaller, same door count, similar external size, similar star rating
325 L4277

Same consumer type, total capacity within 12% of 340 L; ordered by closeness of capacity, then lowest annual kWh.

Other LG models of similar size

ModelStarsEst. cost / yrCompare
LG GB-B300PL335 L293 kWh/yr4$97
LG GB-B300MBL335 L293 kWh/yr4$97

Compare GB-V300MBL with another fridge

LG GB-V300MBL specifications

Type
Bottom-mount fridge freezer
Configuration
Upright
Doors
2
Defrost
Variable defrost controller
Ice maker
No
Width
600 mm
Height
1,720 mm
Depth
720 mm
Annual energy (label)
327 kWh
Star rating index
3.513
MEPS level (maximum allowed)
488 kWh
kWh per adjusted litre
0.801
Country of manufacture
Indonesia

New Zealand E3 registration details

Registration number
ARF3451
GEMS registration id
164655
Status
approved, available (self-reported)
Registration expires
30 September 2029
Registered for sale in
Australia, New Zealand
Family
โ€“
Designation
Refrigerator/freezer
Product class
Class 6
GEMS group
Group 5B: refrigerator-freezer, automatic defrost, bottom-mounted freezer
Regulatory standard
Greenhouse and Energy Minimum Standards (Household Refrigerating Appliances) Determination 2019
Test standard
AS/NZS IEC 62552.3:2018
Consumer type rule
GEMS group 5B (frost-free fridge freezer, bottom-mounted freezer) with one or two doors

Source: E3 programme registration data (EECA, New Zealand) (trans-Tasman E3 registration data published by DCCEEW on data.gov.au, CC BY 3.0 AU). Dataset published 19 September 2026; last checked 20 September 2026. How the derived figures are calculated.