Cost Calculation Formulas:
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The Electric Vs Gas Cost Calculator compares the operational costs between electric and gas energy sources. It helps users determine which energy type is more cost-effective for their specific usage patterns and local utility rates.
The calculator uses simple cost calculation formulas:
Where:
Explanation: The calculator multiplies your energy consumption by the respective utility rates to determine total costs for both energy sources.
Details: Comparing electric vs gas costs helps consumers make informed decisions about energy usage, appliance choices, and can lead to significant savings on utility bills.
Tips: Enter your electricity usage in kWh, electricity rate in $/kWh, gas usage in therms, and gas rate in $/therm. All values must be non-negative numbers.
Q1: What is a therm?
A: A therm is a unit of heat energy equal to 100,000 British thermal units (BTU), commonly used for natural gas billing.
Q2: How do I find my utility rates?
A: Check your most recent utility bills or contact your energy provider for current electricity and gas rates.
Q3: Which is usually cheaper: electric or gas?
A: This varies by location and current market prices. Gas is often cheaper for heating, while electricity rates can be more competitive in some regions.
Q4: Should I consider efficiency factors?
A: Yes, appliance efficiency affects actual energy consumption. This calculator provides basic cost comparison based on input consumption.
Q5: Can I use this for different appliances?
A: Yes, you can calculate costs for specific appliances by entering their energy consumption data and your local utility rates.