Energy Cost Comparison
13 September 2009
We decided to take a look at the cost per BTU for different fuels. We do this periodically since costs don't always move in the same direction. Following are typical retail prices today in the Northeast. We also took a look at electricity since the conversion from Kilowatt hours to BTU's is a straight forward calculation and makes the energy content comparable.
The bottom line? Natural gas is cheap... if you can get it, and electricity is at a premium. We'll be sure to take another look at this as energy prices move.
| Fuel | Retail Price | Price Per BTU |
|---|---|---|
| Oil | 2.65 per gallon | $18.94 |
| Gas | 1.35 per therm | $13.50 |
| Propane | 2.25 per gallon | $23.45 |
| Electricity | 0.15 per Kilowatt Hour | $46.89 |
