Natural Gas Vs Electric Cost Per Btu

If the natural gas cost is 15 00 per 1 000 cubic feet the same 15 00 will purchase around one million btus this is the equivalent of slightly over 11 20 gallons of propane.

Natural gas vs electric cost per btu.

If your primary heat is a low cost per btu fuel like coal or natural gas you savings could be negligible none or even cost you money depending on your particular household. Welcome to view the price of natural gas. Though the two energy sources are comparable in many ways they are distinct in others as well. Example natural gas cost per 1000 btus.

This is particularity true if your primary heat has a high cost per btu like electric or oil. The average cost of a gas pool heater is between 1 500 and 2 500. Electric for energizing a home is a debate common for homeowners who want to be both cost effective and energy efficient. Similar with other commodity prices the prices of natural gas are mainly driven by supply and demand fundamentals.

Example propane cost per 1000 btus. Installation is additional and runs 500 to 1 500. The cost to heat three or four rooms with lower cost fuels may be the same to. Compare natural gas sold in therms 100 000 btu therm 1.

There are 100 000 btus per therm of natural gas. Gas heaters generally cost less than their electric counterparts to install. Natural gas is generally sold in therms where one therm is equal to 100 000 btus. For electric heat to obtain the electricity cost per thousand btus we divide 11 cost per kwh by 3 413 thousands of btus in one kwh.

Multiply the oil heat price per gallon by 0 72 to give the equivalent price per therm of natural gas. Natural gas cost comparison. Fuel oil or kerosene. If your cost of electricity is 08 per kwh then multiply 08 x 29 3 2 34 for 100 000 btus of electricity then compare that cost to the cost of one therm of natural gas which can be found on your monthly statement.

The eia reports that one therm costs about 80 cents per hour. This page provides the natural gas price per million btu and its width of price fluctuation and also provides natural gas price charts for the past 90 days 180 days 1 2 5 and 10 years. Example electricty cost per 1000 btus. To start propane is a primary energy source whereas electricity is secondary that is to say propane can be used as is and electricity can.

Incidentally fyi the number of kwh needed to provide 1000 btus of electric heat 1. Although electric heating offers significantly lower installation costs gas heating provides consumers with a much lower cost per 1 million btu 18 in comparison to the 32 consumed by electric heating systems.