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by tannranger
1609 days ago
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There's ~100,000 BTUs per therm (as sold in the USA). A therm where we are (Bay Area California) costs roughly $2 USD. We pay ~$0.30 per kWh via electricity. We can convert a kilowatt hour to BTUs - ~3400 BTU/hr ~= 1 kWh. Whereas the $2 we pay for a natural gas therm is equivalent to (100000/3400) ~= 29kWh or ~$0.07/kWh. tldr; leaving out all other conversion inefficiencies, gas is roughly 25% the cost of electricity, for equivalent energy, at least in California (which is a place that would presumably push a bit harder for gas->electricity conversions). |
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I just looked it up - in my area gas is about 40% the cost of yours and electric is about 30%. So for me, electric is ~3x more expensive rather than 4x. I'd still like to know if that matters :)