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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.
Gas dryers cost about $50 to $150 more than electric models, but cost less to power. In terms of repairs, gas dryers donât include heating elements like electric dryers, but they do have ignition coils that will require replacement throughout the dryerâs lifetime.eating elements, for example, will cost anywhere between $30 and $200. You will also need to account for labor prices, which could cost between $30 and $100 per hour. See what you can do yourself to save some time and money.