Conventional Wisdom believes that heating your water using PROPANE
is less expensive than using electricity. But with the rise in fossil fuel
costs, that is no longer true!
Here is
a detailed analysis to help you calculate how much it costs to heat your
hot water with propane and electricity.
Fill in
the boxes below based on an average day and the gallons will be automatically filled
in for you. Then hit the calculate button and see the dollars go back into your pockets
from the savings, by using ELECTRICITY rather than propane gas!
The
calculations are based on the Logan County Cooperative electric rate (7.06
cents/KWHour), and the average of the Moulton Gas Service costs ($2.59.9/gallon)
and Heiby Oil Propane costs ($1.89.9), effective as of February 13th, 2006.