Natural Gas Furnaces
- Cost Comparison
Natural Gas Furnaces are designed to offer you maximum heating comfort with a variety of models available at different prices and efficiencies.
Comparing the purchase price of new natural gas furnaces is easy. What requires more thought is the long term costs of each furnace.
This chart can help you see the difference not only between oil, electric and natural gas furnaces, but also between the mid and high-efficiency models of each. Natural gas is the right fuel for home heating. The numbers prove it.
|
|
Natural Gas Cost |
Electric Baseboard Cost |
Approximate Annual Savings Over Electric Baseboard Up To |
Fuel Oil Cost |
Approximate Annual Savings Over Oil Up To |
Propane |
Approximate Annual Savings |
|
High Efficiency |
$468 |
$2,142 |
$1,674 |
$2,182 |
$1,714 |
$2,238 |
$1,770 |
|
High Efficiency |
$452 |
$2,142 |
$1,690 |
$2,182 |
$1,730 |
$2,223 |
$1,771 |
|
Mid Efficiency |
$508 |
$2,142 |
$1,634 |
$2,182 |
$1,674 |
$2,510 |
$2,002 |
|
Two stage |
$420 |
$2,142 |
$1,722 |
$2,182 |
$1,762 |
$2,099 |
$1,679 |
Notes:
Based on fuel rates as of January 2012.
Natural Gas $0.2263 per m3
Electricity $0.1172 per kWh
Fuel Oil $1.0304 per Litre
Propane $0.7959 per Litre
* Assumptions to create the cost comparison were based on a standard home located in the Union Gas service area with 4 people per household. Cost comparison does not include monthly fixed charges.
