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Comparative Energy Costs

Are you heating your home at a reasonable rate?  Capital Electric encourages you to use the chart below to compare our Off Peak heating rates ($.03/kwh) and All Electric heat rate ($.042/kwh) to what you pay to heat your house with gas, propane, or other fuels!  If you are building a new home, you could save large amounts on your energy bills by installing a geothermal heat pump or other electric heating unit.  If your house is already built, the payback for installing an electric heating unit such as a plenum heater into your existing ductwork can pay for itself within a short time.  Contact our member services department for more information.

Electricity
Cents/kWh

Fuel Oil
Regular
 Furnace 
$/Gallon

Fuel Oil Super
Efficient
Furnace
$/Gallon

Propane
Regular  Furnace
$/Gallon

Propane Super
Efficient
Furnace
$/Gallon

Natural Gas
Regular
Furnace
$/MCF

Natural Gas
Super Efficient
Furnace
$/MCF

Wood
 Pellets 
$/Ton

1.5

0.36

.48

.24

 .36

 2.64

 3.95

 42.18

2.0

0.48

.65

.32

 .48

 3.52

 5.37

 56.24

2.5

0.61

.81

.40

 .60

 4.40

 6.59

 70.30

3.0

0.73

.97

.48

 .72

 5.27

 7.91

 84.36

3.5

0.85

1.13

.57

 .85

 6.15

 9.23

 98.42

4.0

0.97

1.29

.65

 .97

 7.03

 10.54

 112.48

4.5

1.09

1.45

.73

 1.09

 7.91

 11.86

 126.54

5.0

1.21

1.61

.81

 1.21

 8.79

 13.18

 140.60

5.5

1.33

1.78

.89

 1.33

 9.67

 14.50

 154.66

6.0

1.45

1.94

.97

 1.45

 10.55

 15.82

 168.72

6.5

1.57

2.10

1.05

 1.57

 11.43

 17.14

182.78 

7.0

1.69

2.26

1.13

 1.69

 12.31

 18.45

 196.84

7.5

1.82

2.42

1.21

 1.81

 13.19

 19.77

 210.90

8.0

1.94

2.58

1.29

 1.93

 14.06

 21.09

 224.96

8.5

2.06

2.74

1.37

 2.05

14.94

 22.41

 239.02

9.0

2.18

2.91

1.45

 2.17

15.82 

 23.73

 253.08

9.5

2.30

3.07

1.53

 2.29

 16.70

 25.04

 267.14

10.0

2.42

3.23

1.62

 2.42

 17.58

 26.36

 281.20

10.5

2.54

3.39

1.70

 2.54

 18.46

 27.68

 295.26

11.0

2.66

3.55

1.78

 2.66

 19.34

 29.00

 309.32

11.5

2.78

3.71

1.86

 2.78

 20.22

 30.32

 323.38

12.0

2.90

3.87

1.94

 2.90

 21.10

 31.63

 337.44

12.5

3.03

4.04

2.02

3.02

21.98

32.95

351.50

For a more detail incremental comparative energy chart select one of the following:
     Comparative Energy Costs (PDF)
     Comparative Energy Costs (XLS)

ASSUMPTIONS OF ANNUAL SEASONAL OPERATING EFFICIENCY

Fuel
Source
BTU Heat
Content
Regular
Furnace
Super Efficient
Furnace
Electricity 3,414 BTU/kWhr 100% 100%
#2 Fuel Oil 138,000 BTU/Gal 60% 80%
Propane 91,500 BTU/Gal 60% 90%
Natural Gas 1,000,000 BTU/MCF 60% 90%
Wood Pellets 16,000,000 BTU/Ton 60% Not Available

 

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