Natural Gas Vs Electric Cost Per Btu

Installation is additional and runs 500 to 1 500.

Natural gas vs electric cost per btu.

Multiply the propane price per gallon by 1 087 to give the equivalent price per therm of natural gas. Example natural gas cost per 1000 btus. Similar with other commodity prices the prices of natural gas are mainly driven by supply and demand fundamentals. Electric for energizing a home is a debate common for homeowners who want to be both cost effective and energy efficient.

Example propane cost per 1000 btus. Incidentally fyi the number of kwh needed to provide 1000 btus of electric heat 1. 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.

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. The average cost of a gas pool heater is between 1 500 and 2 500. There are 100 000 btus per therm of natural gas. 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.

Deciding between propane vs. Welcome to view the price of natural gas. 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.

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. If propane costs 2 50 per gallon in this example natural gas is the cheaper alternative. Gas heaters generally cost less than their electric counterparts to install. Example electricty cost per 1000 btus.

Though the two energy sources are comparable in many ways they are distinct in others as well. This is particularity true if your primary heat has a high cost per btu like electric or oil. Natural gas is generally sold in therms where one therm is equal to 100 000 btus. Natural gas cost comparison.

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. Fuel oil or kerosene.