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.
The formula for determining usage is watts times the hours used divided by 1,000 to get the total kilowatt hours. Average dryers use between 1,800 to 5,000 watts or 1.8 to 5 kilowatt hours -- 1,800 and 5,000 times one hour divided by 1,000.Using Northern California PG&E rates at $.14 per kilowatt hour for an example, most electric dryers average between $.25 and $.70 to run for an hour.he formula for determining usage is watts times the hours used divided by 1,000 to get the total kilowatt hours. Average dryers use between 1,800 to 5,000 watts or 1.8 to 5 kilowatt hours -- 1,800 and 5,000 times one hour divided by 1,000.