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A dryer is one of the least energy efficient appliances in a home and can easily account for 10% or more of energy usage. However, the concern over its cost is often somewhat exaggerated, as neither electric nor gas dryers cost more than $100 to $150 a year to operate â depending on local electricity and gas prices. This makes the appliance much cheaper to run than, for example, an electric water heater or refrigerator.
In the U.S., it costs approximately $.45* to dry a load of laundry in an electric dryer. *based on a 5600-watt dryer, 40-minute run-time and a $.12 per kWh rate. While the national average helps, that really doesn't tell you how much your dryer costs to run. With a little math, it's pretty easy to find out.