Air Drying Is My Favorite
I bought one of the Antonius drying racks from IKEA a while back, and I love it. It was the best $40 investment I have made. It has 47 yards of of line space on one rack. I hang all my towels and socks and unders on that, along with t-shirts, lounge pants, etc. Loaded properly, I can get a week's worth of my misc washing on it....about 4 wash loads.
I have a tripod rack for my business clothes. Everything gets a good shake from the washer, and shirts go on hangers wet, and pants on special pants hangers. It has space for up to 36 hanger dried garments. Plus, I haven't had to iron in months....gravity takes care of the wrinkles that used to get set in with the tumble dryer.
The only time I use my tumble dryer anymore is for sheets when it's rainy out, and for things like pillows which need the heat to dry without mildewing. I tumble dry maybe a load every 1-3 weeks, depending on weather. It's definitely made the electric bill go down several dollars.