The Cost of Fuel. If you were being charged the UK average of 14.4p/kWh to run a 12kW electric boiler that’s being used 70 hours per month, that would be cost around £120.96 monthly. Typically it is unfiltered and takes less effort to mine and pump than other types of energy, so its costs are very low. Some may be convinced that gas is the cheaper alternative, while others think that electricity is the cheaper option.

At the time this article was written, the average cost of natural gas cost is $6.23 per 1,000 cubic feet, which is roughly one million BTUs. Natural gas is about one third—or less—than the cost of electricity and other options like heating oil or propane. A good way to understand the price benefits of pellet fuel is to compare it against other home heating fuels. See how much you can save on your utilities bill when you compare natural gas vs. propane, electricity and oil. Calculations compare the most energy-efficient heating equipment currently available for natural gas furnace heating, electric resistance heating, oil furnace heating and propane furnace heating, and an air source heat pump with an HSPF of 8.2.

Fuel Oil 142,000 BTU per gallon. In other words, electricity … From this, you might conclude that electric heating must be more expensive, but this is not necessarily the case due to a very important piece of technology: the electric air-source heat pump. Want to know how much you can save by switching to natural gas? Due to recent increases in the cost of hydro, combined with the continued low cost of natural gas, the cost of electricity at this rate is about four times that of gas (per unit of energy delivered).

Estimated annual cost of natural gas: $0. For example, if the cost for natural gas is $17.50 per 1,000 cubic feet, then divide by 10 and enter 1.75 as the price per therm. Electric vs. Natural Gas Calculator. Estimated annual savings using natural gas: $0. As a final point from me, I have looked at the average price for gas and electricity as per DECC’s domestic energy price statistics from December 2013 – where gas is 4.21p/kWh and electricity … Pellet fuel is a cost stable and price competitive fuel. kWh (Kilowatt hour) – A unit of electricity. The U.S. average cost for propane is $2.41 per gallon. How much does natural gas cost?

- Heating values for the fuels used in the calculator are: Natural Gas 100,000 BTU per therm or CCF (note that some sources list a CCF at a lower value) Propane gas 92,000 BTU per gallon. Over the course of a year that’s a total of £1451.52. Electricity … Your electricity cost per 2.5 million Btu is $73.25 Propane Home Heating Costs Figure out propane heating costs by dividing the same hypothetical 2.5 million Btu by 91,500, the number of …

The cost comparison between propane and natural gas is much easier due to the fact that unlike electricity, natural gas and propane can be directly compared based on their individual BTU ratings. Click here for an annual cost comparison chart using default values from the calculator above. Number of kilowatt hours used for heating in the last 12 months. Propane vs electricity is a contrast between a primary energy source and a secondary energy source. Disclaimer: This calculator was prepared for work … Average price per kilowatt hour of electricity. One million BTUs of natural gas … For gas, people can choose between natural gas … Vehicle Cost Calculator. Deciding between propane vs. electric for energizing a home is a debate common for homeowners who want to be both cost-effective and energy-efficient. Though the two energy sources are comparable in many ways, they are distinct in others as well.

** Enter the price of electricity in dollars.

Energy from propane is used directly whereas energy from electricity is used after the electricity is generated from a primary energy source such as natural gas or petroleum. Natural gas, like other energy sources, fluctuates widely in price from area to area and between energy companies, so giving a precise price is impossible.

As we know, electricity is more expensive than natural gas. Compare furnaces or boilers with different AFUE ratings and fuel types (natural gas, oil, propane, or electricity).

Natural gas appliances provide homeowners significant cost savings compared to other sources of energy. AMSEnergy. Homeowners can choose between several different heating options, but the decision often comes down to two, either gas or a heat pump. But what do the numbers say?