Answer :
The correct statement is that the savings from utility cost of per year for Chyou will be $105.85. So, the correct option that matches the statement is B.
Savings of the utility costs can be ascertained by comparison of normal appliances with gas appliances.
Calculation of savings and utility costs
By using the information given above, the utility cost per year for electric dryer will be calculated as,
[tex]\rm Annual\ Cost\ Electric= Cost\ per \ Load\ x\ 365\\\\\rm Annual\ Cost\ Electric= \$0.45\ x\ 365\\\\\rm Annual\ Cost\ Electric= $164.25[/tex]
Similarly, the annual cost for a gas dryer will be,
[tex]\rm Annual\ Cost\ Gas= \$0.16\ x\ 365\\\\\rm Annual\ Cost\ Gas= \$58.4[/tex]
So, the savings will be calculated as,
[tex]\rm Savings = Annual\ Utility\ Cost\ Electric- Annual\ Utility\ Cost\ Gas\\\\\rm Savings= 164.25-58.4\\\\\rm Savings = \$105.85[/tex]
So, the savings of annual utility costs from consumption of gas appliances will be $105.85
Hence, the correct option is B that the savings of utility costs for Chyou will be $105.85.
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