Natural Gas Vs Electric Cost

Though the two energy sources are comparable in many ways they are distinct in others as well.

Natural gas vs electric cost.

Electric heat pumps cost less coming in at about 100 to 200 a month. Electric standard dryer 3 01 ef. The average price for a new gas furnace ranges from around 2300 to install depending on manufacturer. An electric hot water heater ranges in costs from about 300to 700while a gas heater ranges from 400to 800.

In general however statistics show that a gas water heat will cost around 30 month for the average home while an electric heater will cost you closer to 42. The cost of a new electric furnace ranges from 1 000 to 2 500 while a gas furnace will cost between 3 000and 4 000before installation. The cost of a new electric furnace is 1 200 on average to install. But what do the numbers say.

Savings if converted to natural gas. On average however a gas heater costs around 200 to 400 a month to run. The cost of fuel. A website called diffen compared the natural gas and electricity costs related to heating and cooling.

The cost of natural gas compared to electricity has some people confused about which option is really cheaper. The national average price of residential gas was 1 29 ccf in 2014. Installation of an electric furnace averages 1 000 1 500while installation of a gas furnace averages 1 500 2 000. Estimated annual operating costs.

Natural gas standard dryer 2 67 ef. Still even when gas prices are at their highest it s generally cheaper to run appliances on natural gas instead of electricity. 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. Some may be convinced that gas is the cheaper alternative while others think that electricity is the cheaper option.

Deciding between propane vs. While gas appliances are cheaper to run they are generally more expensive to purchase in the first place. For example a brand new electric oven will generally cost anywhere from 700 to 1 500 while a gas oven will set you back between 900 and 2 000. Electric for energizing a home is a debate common for homeowners who want to be both cost effective and energy efficient.