If substitute products have been identified and there is a threat of easy switching between a companyâs product and the substitute, then a company can act preemptively and try to bring over customers over to their product.
The âSaving Electricityâ website reports that the average dryer uses 3.3 kilowatt hours of energy and estimates an average of 11 cents per kilowatt hour. A small load of clothes takes about 45 minutes in the dryer, so the cost of that load is $0.36.he dryers in my building just went up to $2.00 for 60 minutes (which doesnât get a large load fully dry). I use drying racks for 3 out of 4 loads, so I save about $12-16 a month. Plus, my clothes retain their shape and colour so much better.
Gas dryers use electricity to run the motor but gas to dry the clothes. Since gas dryers are rated in British Thermal Units, you need to convert the BTUs to therms, which is how the utility company charges for gas. A typical dryer uses between approximately 11,000 BTUs per hour because the gas cycles on and off during the drying time. One therm equals 100,000 BTUs, which means a dryer uses .11 therm per hour. The gas costs roughly $.11 for an hour. Electricity to power the drum uses .15 per ...