cost of electric vs propane heat
Posted: Mon Oct 18, 2010 10:01 am
Hello,
I am thinking about replacing my gas furnace with electric.
Has anyone figured out at what cost per KWH does electic heat become less expensive to run?
Variables,
1992 Nordine gas furnace, standing pilot in 700ft2 1992 home
Propane cost 3$ per gallon
Electric cost 8 cents/kwh (cheap in this area vs national average)
Northern Michigan weather
Thanks
I am thinking about replacing my gas furnace with electric.
Has anyone figured out at what cost per KWH does electic heat become less expensive to run?
Variables,
1992 Nordine gas furnace, standing pilot in 700ft2 1992 home
Propane cost 3$ per gallon
Electric cost 8 cents/kwh (cheap in this area vs national average)
Northern Michigan weather
Thanks