Typical annual costs of home appliances
Average cost comparison based on:
- 83.26 cents per therm of natural gas (does not include a 33-cent-per-day facilities charge)
- $1.74 per gallon of LP
- $2.81 per gallon #2 fuel oil
- 13.16 cents per kilowatt-hour of electricity
■ Natural gas (without pilot)
■ Fuel oil
■ LP (without pilot)
■ Electric
Home heating
Based on 580 heating therms
Water heater
Based on 140 heating therms
Range
Based on 40 heating therms
Clothes dryer
Based on 40 heating therms
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 |
Lifetime fuel costs |
Lifetime fuel cost difference |
| Natural Gas |
$482.92 |
x 20 years |
= $9,658.31 |
n/a |
| #2 Oil |
$1,165.35 |
x 20 years |
= $23,307.02 |
$13,648.72 |
| LP |
$1,102.01 |
x 20 years |
= $22,040.21 |
$12,381.91 |
| Electricity |
$2,235.54 |
x 20 years |
= $44,710.81 |
$35,052.51 |
