Residential fuel comparisons


Typical annual costs of home appliances

Average cost comparison based on:

  • 84.22 cents per therm of natural gas (does not include a 33-cent-per-day facilities charge)
  • $1.91 per gallon of LP
  • $3.07 per gallon #2 fuel oil
  • 12.44 cents per kilowatt-hour of electricity

typical annual costs of home appliances
Depending on your current fuel source, you may have service and storage fees for other fuels or fuel providers.

Fuel type Annual fuel costs Average life Average life Average life
Natural Gas $488.48 x 20 years =   $ 9,769.52 n/a
#2 Oil $1,271.86 x 20 years =  $25,437.14 $15,667.62
LP $1,209.39 x 20 years =  $24,187.77 $14,418.25
Electricity $2,114.03 x 20 years =  $42,280.69 $32,511.17