You Are Here : Home / Ways to Save/Compare the Cost of Fuel Use

Compare the Cost of Fuel Use

(This page was updated April 4, 2024.)

On average, natural gas energy is somewhat cheaper to operate compared to electricity. It's true; natural gas is the cleanest of all fossil fuels, and it's so reliable and comfortable that you may just forget that you're doing something good for the environment (and your wallet, too).

Effective Rates for April 2024

Appliance Type	Natural Gas Therms	Natural Gas	Propane (LP) Gas	Electric Cost	Savings Natural Gas	Savings Propane	Electric Usage kWh
Cooking	35	$43.05	$106.34	$139.46	$96.41	$33.12	789
Water Heating (Tankless)	100	$123.00	$303.83	$461.69	$388.69	$157.86	3,287
Clothes Drying	50	$61.50	$151.91	$227.92	$166.42	$76.00	1,289
Total (Tankless Water Heater)		$227.55	$562.08	$829.06	$601.51	$266.98

	CGS Customer Charge	$ (192.00)	$ (115.00)
	Net Savings (Tankless Gas & Electric)	$ 409.51	$ 151.98
		49%	18%

Furnace & Outside Recreation	Therms	Natural	Propane	Heat Pump
Home Heating	130	$159.90	$394.97	$234.97
Pool Heating**	250	$307.50	$737.50	$265.47
Spa/Hot Tub Heat	125	$153.75	$368.75	$132.73

*Water heater is based on 100 therms (gas tankless) and 3,300 kWh (electric tank)
**Varies according to pool size, weather conditions, and temperature maintained

All other figures are annual average projections based upon the following:

1 therm = 100,000 BTUs of energy
Natural Gas $1.23 per therm
LP Gas per gallon (Bulk Bill level 3 or Will Call) $2.78 per gallon or $3.05 per therm equivalent
Duke Energy (per kWh) 0.17679 per kWh or $5.18 per therm equivalent

Current monthly customer charges are:

Costs are based on April 2024 energy charges. Current monthly customer charges are:

Duke: $12.89
Peoples Gas: $15.10 - $24.60
Clearwater Gas: $16.00 (natural gas only)
Central Pasco: $24.00
L.P. customers are billed annually: $85.00 to $375.00 (non-refundable depending on program)