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Electric heat to cost 77 percent more than natural gas, federal agency says
Denver Gazette ^ | Nov 12, 2023 | Scott Weiser

Posted on 11/14/2023 7:14:48 AM PST by george76

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1 posted on 11/14/2023 7:14:48 AM PST by george76
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To: george76

Last time I looked, GA has about the highest natural gas prices in the U.S. aside from Hawaii. An additional problem is the cost adjustments. In summer our actual gas usage may be $6/mo, with a $36 add-on charge. Not sure a heat pump wouldn’t be cheaper overall, but the wife loves the heat from our natural gas furnace.


2 posted on 11/14/2023 7:28:57 AM PST by Roadrunner383 (m)
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To: george76

That the power companies are not forced to variable rates on demand accounts for most of the costs. Daytime power costs can be zero during the day when the sun is out and the wind is blowing in most upper midwest markets. I live in the upper midwest and would love to heat with cheap electric during the day and go to cheapish gas during the night, and the electronics to do that are cheap, just a second hemostat with a clock.

Adding electric to my gas radiant heat system would be less than 2k and if I could get electricity for .09/kWH that is cheaper than .63 per Therm NG contract rate for 2023-2024.

I right now just dump my off grid surplus into a space heater and a mini split from my tiny 3000W of solar and even smaller amount of storage. 3000W x 8hrs covers 9 of 12 months of HVAC.

They can pry my cold dead hands off my natural gas continuous water heater. Half hour in a steamy shower is birthright around here, that is worth the dollar in NG that it could cost.


3 posted on 11/14/2023 7:29:22 AM PST by protoconservative (Been Conservative Before You Were Born )
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To: george76

Thank goodness branDUHnomics is keeping everyone’s head above water huh? Oh....?!

๐Ÿ™๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘


4 posted on 11/14/2023 7:31:16 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘!)
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To: george76

Absorbing that excess cash you’ll have from not being able to afford a card after the EV mandate goes to 100%.


5 posted on 11/14/2023 7:31:41 AM PST by bigbob
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To: george76

Nothing to worry about, their electric bills won’t be going up because there is a pretty good chance the grid will fail and there won’t be any electricity in the coldest days of winter to come.

Grid Down Alert: North America at Risk of Blackouts During Cold Weather Events

https://thelibertydaily.com/grid-down-alert-north-america-risk-blackouts-during/


6 posted on 11/14/2023 7:36:35 AM PST by eyeamok
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To: george76

I have been doing various kinds of accounting for over 66 years.

NBot following the “77% more” statement.

IF A UNIT of electricity costs $46.19 & the equivilant unit if Natural Gas costs $13.97———

That calculates to electricity costing 3.30637 TIMES the electricity.

WHAT AM I MISSING???????


7 posted on 11/14/2023 7:43:58 AM PST by ridesthemiles
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To: ridesthemiles

“WHAT AM I MISSING???????”

What are the units in your IF declaration?


8 posted on 11/14/2023 7:49:49 AM PST by TexasGator
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To: protoconservative

> forced to variable rates

In Missouri, Ameren has three styles of rate plans. You can only change once a year. It’s hard to see these helping out for regular domestic usage. I’ve analyzed it pretty well. You would have to roast all afternoon until evening, in the summer, to save money. If you have a domestic load that runs about half the time, and it does not matter what time of day you run it, you could save some real money.


9 posted on 11/14/2023 7:53:15 AM PST by old-ager
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To: TexasGator

> units

Since it’s about heating, one should think BTUs.

But it doesn’t matter what the units are as long as they are energy units and the same are used on both sides.

The costs around here are like this (or were, last winter). The prices that are REALLY up are for natural gas. It’s a shame.

100,000 BTU per natural gas therm.
Now about 90 cents / therm all in
$1 per 100,000 BTU natural gas

3420 BTU per kilowatt hour
about 10 cents / kw hour
about $2.90 per 100,000 BTUs electric


10 posted on 11/14/2023 7:58:37 AM PST by old-ager
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To: ridesthemiles

> WHAT AM I MISSING???????

You are not missing anything. See my note above.

Electric heat in MO costs about 3x NG, even with NG having doubled in the last couple of years.

I’m going on an assumption of 10 cents winter usage per kilowatt hour, which we’re told by the greenies is unrealistically cheap.

Well those freaks wanted $5 gasoline in 1980.


11 posted on 11/14/2023 8:04:19 AM PST by old-ager
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To: george76

“Electric heat to cost 77 percent more than natural gas, federal agency says”

of course, that assumes a reliable supply of electricity, which of course will be impossible as more and more building and vehicles are converted to electricity with zero increase in generation and transmission capacity ...


12 posted on 11/14/2023 8:13:45 AM PST by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
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To: george76

It is a small price for the poor to pay to satisfy moral postering of the elites.


13 posted on 11/14/2023 8:18:03 AM PST by Petrosius
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To: ridesthemiles
WHAT AM I MISSING???????

Efficiency.

The rates quoted are from the utility and what's supplied to the home "raw", so to say.

What your particular system does with it is another story.

A gas furnace will have X percent efficiency depending on how clean the burn is. This only changes as the furnace ages.

However, the efficiency of heat pumps is dependent on temperature. The lower the temp, the less efficient it is and it's not linear. It gets noticeably worse if you drop below freezing.

14 posted on 11/14/2023 8:20:44 AM PST by fruser1
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To: old-ager

“Since itโ€™s about heating, one should think BTUs.”

BTU’s of heat ADDED!

For each BTU of gas used, less than one BTU of heat is added to the house.

For each BTU of electricity used, SEVERAL BTU’s of heat are added to the house.


15 posted on 11/14/2023 8:22:12 AM PST by TexasGator
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To: old-ager

“Electric heat in MO costs about 3x NG, even with NG having doubled in the last couple of years.”

Heat pumps can be cheaper to operate depending on region. Also, no extra expense of installation as reverse cycle AC does the job.


16 posted on 11/14/2023 8:26:09 AM PST by TexasGator
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To: george76

I guess they didn’t get the message from Biden-on-high about electricity being plentiful - enough to charge up all the EVs he’s forcing everyone to transition to. Magically, in his eyes electricity (for those EVs) is green friendly and plentiful. And, natural gas is a hydrocarbon no-no.


17 posted on 11/14/2023 8:29:57 AM PST by Gaffer
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To: Roadrunner383

Georgia has that built-in cost rate from Atlanta Gaslight, regardless of bill. It’s for actually supplying the gas, maintaining lines, meters, etc. The other costs are from the various middlemen suppliers, many out-of-state to do billing etc. Most of them never even remotely touch the gas delivered.

I was against the cost-cutting, monopoly breaking transition to ‘competitive suppliers’ in the first place.


18 posted on 11/14/2023 8:34:05 AM PST by Gaffer
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To: Gaffer

“..Magically..”

^THIS^ is the keyword when it comes to these moronic lib imbeciles.


19 posted on 11/14/2023 8:35:03 AM PST by lgjhn23 ("On the 8th day, Satan created the progressive liberal to destroy all the good that God created...")
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To: george76

That’s why in a bankrupt America, green energy will fail


20 posted on 11/14/2023 8:35:23 AM PST by PGR88
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