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GOOD VALUE

Good Value

Propane is Energy Efficient.

Propane provides great value because it burns hotter and more efficiently than many other energy sources, powering a variety of high performance and energy efficient appliances.

  • A propane furnace can heat air up to 25 degrees warmer.
  • Propane tankless water heaters can reduce standby energy loss by up to 20 percent and cost approximately 60 percent less to operate.
  • Propane gives off less than half of the greenhouse emissions compared to electricity.
  • Propane appliances have a shorter energy savings payback period (the time it takes for an appliance to pay for itself via energy savings).*

Cost Comparison Chart - Based on Five Year Average Data (2003-2007)

Energy Source Average Retail Price** Cost per million Btu**
Electricity $.096 per kilowatt hour $28.22
Propane $1.66 per gallon $18.21
No.2 Heating Oil  $1.98 per gallon $14.29
Natural Gas $11.97 per thousand cubic feet    $11.62

Cost Comparison Chart - Based on 2007 Prices

Energy Source Average Retail Price*** Cost per million Btu***
Electricity $0.106 per kilowatt hour $31.15
Propane $2.05 per gallon $22.39
No.2 Heating Oil  $2.59 per gallon $18.67
Natural Gas $13.01 per thousand cubic feet    $12.63

* Appliance costs based on average consumption for a family of five.
** Based on the Department of Energy's national 5-year average of residential retail prices through December 2007.
*** Based on the Department of Energy's national average of 2007 residential retail prices.

 

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