Comparison of energy costs
When choosing a source for energy, it is worth it to know what the different costs for energy are in 2006, especially after recent changes in natural gas prices:
Type of fuel | Cost per million BTU | Alternate units |
---|---|---|
Natural Gas | $14.15 | $1.415/therm $14.57/MCF |
No. 2 Heating Oil | $16.37 | $2.27/gallon |
Propane | $21.35 | $1.95/gallon |
Kerosene | $20.30 | $2.74/gallon |
Electricity | $28.75 | $0.0981/kWh |
\1\ Btu stands for British thermal units.
\2\ kWh stands for kilowatt hour.
\3\ 1 kWh = 3,412 Btu.
\4\ 1 therm = 100,000 Btu. Natural gas prices include taxes.
\5\ MCF stands for 1,000 cubic feet.
\6\ For the purposes of this table, one cubic foot of natural gas has an energy equivalence of 1,031 Btu.
\7\ For the purposes of this table, one gallon of No. 2 heating oil has an energy equivalence of 138,690 Btu.
\8\ For the purposes of this table, one gallon of liquid propane has an energy equivalence of 91,333 Btu.
\9\ For the purposes of this table, one gallon of kerosene has an energy equivalence of 135,000 Btu.
Source: Federal Register Online via GPO Access [DOCID:fr27fe06-40]