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Fuel Cost Comparison

(as of 7/16/2010)



Sources
Electricity: KU Residential Electric Rate
Gas: LG&E Residential Gas Rate
Propane/Fuel Oil: Kentucky State Averages from the Kentucky Division of Energy


How to Use These Charts. Click Here!

  KU Kentucky State Avg.
  Natural Gas Electricity #2 Fuel Oil Propane
Unit of Measurement 1,000 CU. FT. Kwh Gallons Gallons
Price per Unit $7.4623 $0.06701 $2.5590 $2.3950
Approximate BTU's Per Unit 1,025,000 3,412 140,000 91,000
Price Per 1,000,000 BTU (Input) $7.28 $19.64 $18.28 $26.32
 
HEATING OPTIONS
Standard Efficiency
  Natural Gas Electricity #2 Fuel Oil Propane
Heating Cost Conventional
Furnace
Baseboard or Furnace Conventional Heat Pump Conventional
Furnace
Conventional
Furnace
Estimated Efficiency 78% 100% 180% 80% 78%
Cost Per 1,000,000 Btu's of Heating Output $9.33 $19.64 $10.91 $22.85 $33.74
High Efficiency
  Natural Gas Electricity #2 Fuel Oil Propane
Heating Cost High Efficiency
Furnace
High Efficiency
Heat Pump
Geothermal
Heat Pump
High Efficiency
Furnace
High Efficiency
Furnace
Estimated Efficiency 93% 220% 300% 85% 93%
Cost Per 1,000,000 Btu's of Heating Output $7.83 $8.93 $6.55 $21.50 $28.30
 
WATER HEATING
  Natural Gas Electricity #2 Fuel Oil Propane
Water Heating Cost Water Heater Water Heater   Water Heater
Energy Factor 58% 89% n/a 58%
Cost Per 1,000,000 Btu's of Heating Output $12.55 $22.07 n/a $45.38
  KU Kentucky State Avg.


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