|
Natural Gas Facts |
| |
Natural Gas
|
Propane |
Fuel Oil |
| Average residential use - Michigan
|
1,250 ccf |
1,359 gallons |
892.90 gallons |
| Cost per unit - March '11 |
$ .950 |
$ 2.400 |
$ 3.600 |
| Electric Hot Water Heater |
|
|
$ 450.00 |
| Monthly customer charge |
$ 9.50 |
|
|
| Annual Energy Bill |
$ 1,301.50 |
$ 3,261.60 |
$3,664.44 |
| Annual Savings when using
Natural Gas |
$1,960.10 |
* $ 2,362.94 |
* The actual savings with
fuel oil may increase when maintenance and efficiency factors
are calculated. |
| One CCF (hundred cubic feet) of natural gas
contains aprox. |
100,000 BTU's |
| One Gallon of propane contains
approximately |
92,000 BTU's |
| One Gallon of fuel oil contains
approximately |
140,000 BTU's |
Fuel Prices as of March 31, 2011
According to information provided by the State of
Michigan Public Service Commission, and others the average home
in Michigan will save approximately $1,960 per year when uses
natural gas instead of propane. The average home in Michigan
will save approximately $2,362 per year when it use natural gas
instead of fuel oil for heat and electricity for the hot water
heater - more savings can expected when comparing natural gas to
fuel oil when lower efficiency ratings of older fuel oil
furnaces and higher maintenance cost are factored in. |
|
