In order to improve the accuracy of predicting the remaining electrical life of AC circuit breakers, ensure the safe operation of electrical equipment, and reduce economic losses caused by equipment failures, this paper studies a method based on the Savitzky–Golay convolution smoothing long short-term memory neural network for predicting the electrical life of AC circuit breakers. First, a full lifespan test is conducted to obtain degradation data throughout the entire life cycle of the AC circuit breaker, from which feature parameters that effectively reflect its operational state are extracted. Next, principal component analysis and the maximum information coefficient are used to remove redundancy in the feature parameters and choose the best subset of features. Subsequently, the Savitzky–Golay convolutional smoothing algorithm is employed to smooth the feature sequence, reducing the impact of noise and outliers on the feature sequence while preserving its main trends. Then, a secondary feature extraction is performed on the smoothed feature subset to obtain the optimal secondary feature subset. Finally, the remaining electrical lifespan of the AC circuit breaker is treated as a long-term sequence problem and the long short-term memory neural network method is used for precise time-series forecasting. The proposed model outperforms backpropagation neural networks and the gate recurrent unit in terms of prediction precision, achieving an impressive 97.4% accuracy. This demonstrates the feasibility of using time-series forecasting for predicting the residual electrical lifespan of electrical equipment and provides a reference for optimizing the method of predicting remaining electrical life.