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.
But this dryer isnât cheap. It will cost about $1,600. Whether a dryer is gas or electric, standard size or compact, manufacturers can shoot for the Star, but most dryers will not meet the requirements, says Abigail Daken of Energy Star, and models earning Energy Star status will probably cost over $700.