Propane Vs Electric Water Heater Operating Cost Ontario

0 92 electric 0 61 gas energy cost 0 06 per kwh 60 per therm.

Propane vs electric water heater operating cost ontario. Cost of propane vs. Cost less per month to operate than comparable electric units. Recently one of them opined that had the coal fired plant been kept running it could have delivered free electricity to every electric car owner in ontario as an incentive because the cost per kwh was so absurdly low compared to other sources and his point was that if you eliminated the tailpipe emissions of a million cars per year the carbon output at nanticoke was a drop in the bucket. Make the switch to an energy star certified water heater to cut your electricity bill and reduce your.

The comparison assumes a storage tank water heater as the input type. The math gets a little more complex when putting the cost up against energy efficiency. For water heaters the operating costs are calculated by factoring in the size and type of unit the energy source and the equipment s energy efficiency. The 27 kilowatt hour per gallon energy density of propane means that it costs 3 67 to produce as much energy using electricity as it would cost to produce the same amount of energy using propane.

Quantity of water heaters to be purchased unit s 1 unit see assumptions for various daily water use totals. Propane water heaters can also last as long as ten years compared to electric water heaters that can only last up to four years making propane fueled water heaters more cost efficient compared to electric water heaters. Electric heat pumps dispense 95 f air which is less than body temperature 98 6 f so the air feels cool not warm. Comparison of heating costs in ontario.

At the time this article was written the cost of propane was 2 94. Of course how you choose to help your home will depend on what fuel types you have available in your home and also the cost of installation and what existing equipment you have. A rule of thumb guide to help ontario homeowners choose the lowest cost way to heat their homes. It s important to remember the cost of energy to operate a product over its lifetime is just as important as its purchase price.

Last an average of 20 years while electric heat pumps last an average of 12 years. Figuring out the annual operating cost of a water heater involves consideration of the heater s efficiency and the cost of the fuel needed to run it. However due to the energy efficiency of propane water heaters when compared to electric water heaters having a propane water heater will save you money in the long run. Propane gas water heaters cost approximately 10 less per month to operate than comparable electric units on average are 42 less expensive than electric heaters.