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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.
Dryers are the number two home appliance in energy usage. The average cost to run a dryer for an hour depends on the power consumed by the dryer in an hour. Some dryers are electric and others run on gas, but electric dryers notoriously consume more energy than gas dryers do.he label on the back of the dryer should indicate the watts it uses. Electric companies charge by the kilowatt hour, so calculating how much it costs to run an electric dryer starts with finding out the kilowatts it takes to run the dryer for an hour.