Martin Lewis has shared a handy tip that can dry your clothes for as little as 7p - without you having to rely on heating.
The MoneySavingExpert founder said households would be better off using a dehumidifier to get the job done.
While it does mean you’ll have to make an initial up-front purchase, Martin says dehumidifiers are far cheaper to use and will cost just 7p an hour.
He said: "Many dehumidifiers have different wattages, the one I checked out was 200 Watts.
“Once we know it's 200 watts and we know a Kilowatt is 1,000 watts which is how electricity tends to be priced, we know this is a fifth of a kilowatt.
"And you pay roughly 34p per kw per hour. A fifth is 7p so you're going to pay roughly 7p per hour to run a dehumidifier at 200 watts assuming it uses full power the whole time, which is generally far far cheaper than putting the heating on.
"If a dehumidifier does work for you, it will definitely have lower electricity bills, but, of course, you do have the initial capital outlay of buying a dehumidifier and see how that works for you."
Martin went on to explain that the same method can be used to work out if you’re better off using an air fryer, a microwave or an oven to cook your meals for less.
He added: "The problem with the equation for heating equipments is an oven is going to be about 2000W.
“A microwave I believe, from memory, a best guess explanation, a microwave gives you consistent heat whereas an oven is warming up to full temperature and then topping it up so it isn't running at full power the whole time.
Research from Which? found that air fryers may be the quickest and most energy efficient cooking appliance - but it depends on what dish you’re cooking.
Testing a variety of recipes using air fryers, microwaves, pressure cookers and slow cookers, Which? compared costs to see what appliance came out on top.
It found that an air fryer was the cheapest and fastest appliance to use when cooking chips or when baking a cake.
Microwaves were the better option for cooking steamed vegetables or jacket potatoes.
Which? also found that pressure cookers offered a cheaper and faster method of cooking for dishes like roast chicken or soup.