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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.
The first step in deciding when to buy appliances is to determine the lifespan of the ones you already have. The pros at Sears tell us that, on average, washers and dryers usually can last up to 13 to 14 years, while refrigerators and stoves can last up to 17 years. Dishwashers are usually the first to go, at about 10 years. If yours are edging toward their golden years, itâs time to start thinking about (and budgeting for) replacing them. The next step is to do a little digging into the best time of the year to buy new appliances.