Cost Of Gas Vs Electric - HVAC - DIY Chatroom Home Improvement Forum


Go Back   DIY Chatroom Home Improvement Forum > Home Improvement > HVAC

CLICK HERE AND JOIN OUR COMMUNITY TODAY...IT'S FREE!

Reply
 
Thread Tools Display Modes
Old 10-21-2008, 11:18 PM   #1
Newbie
 
Join Date: Oct 2008
Posts: 4
Rewards Points: 10
Default

cost of gas vs electric


I need to have new gas lines run to the range and airconditioner/heater. I could just have the gas closed off and go electric for the range. I need a new a/c unit anyway and could go electric.

My question is ... which is less expensive to operate - gas or electric?

Advertisement

Coon is offline   Reply With Quote
Old 10-22-2008, 12:29 PM   #2
Member
 
1610 CUB's Avatar
 
Join Date: Jul 2008
Location: Keokuk,Iowa
Posts: 209
Rewards Points: 150
Default

cost of gas vs electric


Please don't take this wrong, but just go over to your neighbors house and ask. What they pay in your neck of the woods for gas and electric prices can be vastly different than in my area. I hope this helps

Advertisement

1610 CUB is offline   Reply With Quote
Old 10-22-2008, 01:34 PM   #3
Member
 
Join Date: Feb 2008
Location: New Jersey
Posts: 412
Rewards Points: 254
Default

cost of gas vs electric


Can you get out your bill, and calculate the price per therm, and price per KW/H. These could change throughout the year.

What is wrong with the existing lines? How much is cost to install new gas lines and new electric? So much involved... but I know that generally they charge big bucks to run gas lines. It is not going to be cheap to run new 240v lines either.
pcampbell is offline   Reply With Quote
Old 10-22-2008, 02:13 PM   #4
I have gas!
 
Clutchcargo's Avatar
 
Join Date: Mar 2007
Location: Massachusetts
Posts: 1,783
Rewards Points: 1,018
Default

cost of gas vs electric


You need to do the math with your regional energy costs.

1 Therm = 100000 BTUs
1 KW = 3400 BTUs
______________________
1 Therm = 29.41176 KW

For me:
1 Therm = $2.76
1 KW = $0.168
So to equate these... $0.168 * 29.41176 = $4.94 per electrical therm.

In short, NG is much cheaper for me.
__________________
I tear things down and build them up.

Last edited by Clutchcargo; 10-22-2008 at 02:18 PM.
Clutchcargo is offline   Reply With Quote
Old 10-22-2008, 03:49 PM   #5
Newbie
 
Join Date: Oct 2008
Posts: 11
Rewards Points: 10
Default

cost of gas vs electric


Crazy, I am charged $1.16 per therm of natural gas ... count your many blessings ...

Edit:

I am also charged $0.057783 per kWh for electricity. Therefore, a therm of electricity costs about $1.70 using your equation.

Last edited by TheOak; 10-22-2008 at 04:11 PM.
TheOak is offline   Reply With Quote
Old 10-22-2008, 04:02 PM   #6
DIY
 
Join Date: Aug 2008
Location: Seattle, WA
Posts: 162
Rewards Points: 150
Default

cost of gas vs electric


Quote:
Originally Posted by Clutchcargo View Post
For me:
1 Therm = $2.76
1 KW = $0.168
So to equate these... $0.168 * 29.41176 = $4.94 per electrical therm.
Ouch!

For me:
1 Therm = $1.33 (approximate, I don't actually have gas at my house)
1 KW = $0.08 (winter rate)
So to equate these... $0.08 * 29.41176 = $2.35 per electrical therm.

Yep, all over the map.
gp_wa is offline   Reply With Quote
Old 10-22-2008, 04:23 PM   #7
Member
 
Join Date: Dec 2007
Location: Baltimore, MD
Posts: 1,802
Rewards Points: 1,000
Default

cost of gas vs electric


Quote:
Originally Posted by gp_wa View Post
Ouch!

For me:
1 Therm = $1.33 (approximate, I don't actually have gas at my house)
1 KW = $0.08 (winter rate)
So to equate these... $0.08 * 29.41176 = $2.35 per electrical therm.

Yep, all over the map.
Baltimore October rates:
1 Therm= $1.19
1Kw/hr=$0.143
There are other factors that go into this also. Appliance efficiency must be factored. Electric heat is 100% efficient. Here is a good calculator for various fuel prices:
http://www.pelletheat.org/3/residential/compareFuel.cfm

Last edited by jerryh3; 10-22-2008 at 04:33 PM.
jerryh3 is offline   Reply With Quote
Old 10-22-2008, 05:41 PM   #8
I have gas!
 
Clutchcargo's Avatar
 
Join Date: Mar 2007
Location: Massachusetts
Posts: 1,783
Rewards Points: 1,018
Default

cost of gas vs electric


I just checked and my rate now is actually $1.92/therm fully loaded now. It was as high as $3.02 for July but that's for minimal usage. Even @ $1.92 it's really high compared to other parts of the country.
__________________
I tear things down and build them up.
Clutchcargo is offline   Reply With Quote
Old 10-23-2008, 09:42 AM   #9
What can I find here?
 
Winchester's Avatar
 
Join Date: Aug 2008
Location: Illinois
Posts: 188
Rewards Points: 150
Default

cost of gas vs electric


I know guys at work that "had" all electrical heat and were paying $500-$700 a month with some of last years rates here in Illinois. Needless to say, a couple of them changed their whole systems over to natural gas.

Advertisement

Winchester is offline   Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Electric Heat pump in New England? jzinckgra HVAC 7 05-22-2008 03:02 PM
Electric tankless hot water heater former33t Plumbing 2 02-28-2008 12:40 PM
Cost to run electric service to home 500 feet away skinnersone Electrical 2 08-26-2007 05:07 PM
Convert from electric heat to oil/propane? Badfish740 HVAC 7 05-15-2007 12:17 PM




Top of Page | View New Posts