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 vs Electricity Cost per Load. In my location, it is way cheaper to run a gas dryer than it is an electric dryer. Gas vs Electricity Cost per Month. When you consider we do 6 loads of laundry a week (family of 4) the numbers really start to stand out. All calculations from this point are linear, meaning, the costs for both the electric dryer and gas dryer will increase at the same rate and ratio. 1  Electric Dryer = 6 loads x $0.67 = $4.02 per week. 2  Gas Dryer = 6 loads x $0.16 = $0.96 per week. 3  Electric Dryer = $4.02 per week x 4 weeks = $16.08 per month.