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*. For an exact calculation of how much it costs to run your dryer, use this formula: (dryer's wattage x length of load in hours)/1000 = kilowatt hours (kwh) used.kilowatt hours x cost per kwh = cost per load. cost per load x # of loads per month = cost per month.cost per month x 12 = cost per year.ere are the calculations that I ran for my dryer: (5600 watts x .667 hours)/1000 = 3.73 kwh. 3.73 kwh x .09 = $.34 per load. $.34 per load x 24 loads a month = $8.16 per month. $8.16 x 12 = $97.92 per year. *based on a 5600 watt dryer, 40 minute run-time and a $.12 per kwh rate.