Running cost for the FULGOR MILANO FM4CD24W1
At 317 kWh/yr, the FULGOR MILANO FM4CD24W1's ENERGY STAR certification puts it one of the cheaper models in its category to run against every other certified clothes dryer.
That $60 is priced at 18.8¢/kWh, the average of all 51 state rates this site tracks. Your own state's rate is one click away.
Efficient, or not, for a clothes dryer
Against the category average of 572 kWh/yr, this model uses 44.6% less, ranking 84 of 639 clothes dryers tracked here for running cost. That average is drawn from all 639 clothes dryers ENERGY STAR currently certifies, not an outside number, a $48/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the FULGOR MILANO FM4CD24W1: Fisher&Paykel DE4024P2 ($60/yr, 317 kWh/yr), then GE GFT14ES*M*** ($60/yr, 317 kWh/yr).
Within the FULGOR MILANO lineup
The FULGOR MILANO FM4CD24W1 is the only clothes dryer from FULGOR MILANO that ENERGY STAR currently certifies, so there's no same-brand model to weigh it against here, only the full clothes dryer category.
What this adds up to over time
NAHB's Study of Life Expectancy of Home Components puts a typical clothes dryer's service life at 12 years; run the FULGOR MILANO FM4CD24W1 that long and it costs about $715 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
Efficient as certified clothes dryers go, $60/year is a reasonable baseline if you're comparing what else is on the market.
Compare current ENERGY STAR certified clothes dryers before buying.
If you're keeping it
At $60/year just to run, a clothes dryer is worth protecting against an unplanned repair bill on top of that.
Where this number comes from
Ranked 84 of 639 certified dryers for running cost, the FULGOR MILANO FM4CD24W1 is also worth reading with a caveat specific to this category: the methodology page explains why ENERGY STAR's own combined-energy figure for dryers can overstate the electric bill impact of a gas model. The 317 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.