Average Unit
Energy Costs*
|
for five residential
energy sources
|
|
Energy
Type
|

|
In Common
Terms
|

|
$/Million
Btu
|
|
Electricity
|
$0.00841
kwh
|
$24.65
|
|
Natural
Gas
|
$0.653/therm or
$6.53/thousand cu.ft.
|
$6.53
|
|
No. 2 Heating
Oil
|
$1.054/gal
|
$7.60
|
|
Propane
|
$1.25/gal
|
$13.63
|
|
Kerosene
|
$1.133/gal
|
$8.39
|
US Department of
energy costs are used to calculate annual operating costs for
heating systems and water heaters, the two biggest energy users in
the average American home.
*Gas cost comparisons
on these pages use our base rate of .65331 per therm. To the extent
that gas costs exceed the amount included in our base rate, the
excess gas costs should be added to the base rate for comparative
purposes.