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Fuel Cost Comparison

(as of 2/17/2010)



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 $7.5967 $0.06889 $2.4250 $2.4710
Approximate BTU's Per Unit 1,025,000 3,412 140,000 91,000
Price Per 1,000,000 BTU (Input) $7.41 $20.19 $17.32 $27.15
 
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 $9.50 $20.19 $11.22 $21.65 $34.81
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 $7.97 $9.18 $6.73 $20.38 $29.20
 
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 $12.78 $22.69 n/a $46.82
  KU Kentucky State Avg.


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