Electric Boiler Vs Gas Boiler Running Costs Calculator

Cost Calculation Formulas:

\[ \text{Cost Electric} = \text{kWh} \times \text{Rate E} \] \[ \text{Cost Gas} = \text{therms} \times \text{Rate G} \]

Electricity Usage (kWh):

kWh

Electricity Rate:

$/kWh

Gas Usage (therms):

therms

Gas Rate:

$/therm

Electric Boiler Cost:

Gas Boiler Cost:

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1. What is the Electric Vs Gas Boiler Cost Calculator?

This calculator compares the running costs of electric boilers versus gas boilers based on energy consumption and utility rates. It helps homeowners and businesses make informed decisions about heating system choices and potential cost savings.

2. How Does the Calculator Work?

The calculator uses simple cost calculation formulas:

\[ \text{Cost Electric} = \text{kWh} \times \text{Rate E} \] \[ \text{Cost Gas} = \text{therms} \times \text{Rate G} \]

Where:

$ kWh $ — Electricity consumption in kilowatt-hours
$ Rate E $ — Electricity rate in dollars per kWh
$ therms $ — Gas consumption in therms
$ Rate G $ — Gas rate in dollars per therm

Explanation: The calculator multiplies energy consumption by the respective utility rates to determine total operating costs for each boiler type.

3. Importance of Running Cost Comparison

Details: Comparing running costs helps in making energy-efficient choices, budgeting for utility expenses, and understanding the long-term financial implications of different heating systems.

4. Using the Calculator

Tips: Enter actual or estimated energy consumption values and current utility rates. Ensure all values are positive numbers for accurate calculations.

5. Frequently Asked Questions (FAQ)

Q1: Which is typically cheaper to run - electric or gas boiler?
A: Gas boilers are generally cheaper to run due to lower fuel costs, though this depends on local utility rates and boiler efficiency.

Q2: What factors affect boiler running costs?
A: Key factors include energy rates, boiler efficiency, insulation quality, climate, and usage patterns.

Q3: Should I consider installation costs too?
A: Yes, while running costs are important, also consider initial installation, maintenance, and replacement costs for a complete financial analysis.

Q4: How accurate are these calculations?
A: Calculations provide estimates based on input data. Actual costs may vary due to efficiency losses, rate fluctuations, and usage changes.

Q5: Can this calculator account for efficiency differences?
A: This basic version uses raw consumption data. For efficiency-adjusted calculations, divide consumption by efficiency percentage before calculation.