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.
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.