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Energy Cost
Do you know
what you're paying for the various forms of Energy?
The cost of various forms of energy are usually calculated in
different ways and this makes it difficult for the average consumer to compare the
difference between one form and another. When the retail price of energy (Btu) to
the consumer is compared on the same basis, the cost looked like this:
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Residential Rates as of February 2008
| Energy |
Unit to Obtain
One Million Btu |
Your Present Cost |
Cost Per Million Btu |
Natural Gas |
1 MCF |
$1.3680 |
$13.69 |
No. 2 (Kerosene) |
7.2 Gallons |
$3.31 x 7.2 = |
$23.83 |
LP Gas (Propane) |
11 Gallons |
$2.25 x 11 = |
$24.75 |
Gasoline (Regular) |
10 Gallons |
$2.90 x 10 = |
$29.00 |
Electric |
293 kWh |
$.07488 x 293 = |
$21.94 |
Conversion Factors - Other Fuels to Natural Gas Equivalent
|
| 1 CF (cubic foot) = approximately 1,025
Btu |
| 1 CCF = 100 CF = approximately 1 Therm |
| 10 Therms =1 MCF |
| 1 MCF =10 Therms = 1,000,000 Btu |
| 1 Quad =1 Quadrillion Btu = 1 Billion MCF |
Comparative Fuel Use Equivalencies Chart
| Comparative Values |
MCF Equivalent
(one million BTU) |
Natural Gas =
10 Therms |
1,000,000 Btu |
Coal =
12,5000 Btu/lb. |
80 lbs. or .04 tons |
Propane =
91,500 Btu/gal. |
10.9 gallons |
Gasoline =
125,000 Btu/gal. |
8.9 gallons |
Fuel Oil #2 =
139,000 Btu/gal. |
7.2 gallons |
Fuel Oil # 6 =
150,000 Btu/gal. |
6.7 gallons |
Electricity =
3,413 Btu/kWh |
293 kWh |
All cost figures are based on energy rates of natural gas ($1.3680 per therm) and
electric rates ($ .07488 kWh) for a 1,500 square foot house with a 34,000 Btu heat loss
factor.
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