Natural gas doesn’t have a line to connect to my house. So I need to choose between electric, propane or oil. We have oil right now but our water heater just died so I am trying to decide if it would be cheaper to get switch to a different type of fuel. Any thoughts?
Generally speaking for every dollar you spend on electricity you are going to spend 80 cents on oil, 70 cents on propane and if you have natural gas available only about 50 cents…
It can vary somewhat according to region. If you list the costs of propane and oil per gallon in your area and your electricity rate I can tell you pretty quickly what the exact comparison will be. I sell propane and furnace oil so I run these comparisons all the time…
Generally speaking for every dollar you spend on electricity you are going to spend 80 cents on oil, 70 cents on propane and if you have natural gas available only about 50 cents…
It can vary somewhat according to region. If you list the costs of propane and oil per gallon in your area and your electricity rate I can tell you pretty quickly what the exact comparison will be. I sell propane and furnace oil so I run these comparisons all the time…
References :
20 years experience in the propane business
I think electric.
References :