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Fuel Cost Comparison

(as of 11/9/09)



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 $7.1401 $0.06823 $2.4360 $1.8830
Approximate BTU's Per Unit 1,025,000 3,412 140,000 91,000
Price Per 1,000,000 BTU (Input) $6.97 $20.00 $17.40 $20.69
 
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 $8.93 $20.00 $11.11 $21.75 $26.53
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 $7.49 $9.09 $6.67 $20.47 $22.25
 
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 $12.01 $22.47 n/a $35.68
  KU Kentucky State Avg.


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