Which is Cheaper: Gas or Electric Heating?
Most homes depend on two types of fuel to produce power: gas and electricity. Before we can dig into which of the options is cheaper, let’s first explain the difference between gas and electricity. Homeowners can purchase gas either in the form of natural gas that is delivered through gas networks or through buying liquefied petroleum gas that is transported in tanks and refilled after it’s used up. On the other hand, electricity requires wiring throughout the house that enables connections to the power source. So which of the two sources of power is cheaper?
On average, electricity running costs are estimated to be relatively higher than gas. You are likely to receive lower bills when using gas compared to electricity. For one unit of main gas, you are likely to pay about 4p /kWh while it would cost you about 15 p/kWh for one unit of electricity. These figures show that electricity is about three to four times more expensive than gas.
HVAC equipment that run on gas can last approximately fifteen years and would fetch about $3000 on average. The cost excludes factors such as labor and installation expenses. When compared to electric furnaces, gas-powered HVAC equipment are relatively more expensive.
Electric furnaces go for around $500.
When compared, the initial costs of installing a gas HVAC are higher than the electric-powered alternatives.
A gas heater requires a chimney to redirect the burning gases out of the house. You might also need the expertise of a gas HVAC professional to install ducts and vents throughout the house safety. The installation costs of a gas furnace are generally higher compared to the electric furnaces. Most electric heaters come in portable forms and do not need installation processes and costs. Depending on the model you choose, you are likely to incur some installation costs with the gas heater.
Repair and Maintenance Costs
Good models will run for years seamlessly without exhibiting issues. Electric models should serve you for more than twenty years with proper maintenance. Gas furnaces run for about fifteen years, slightly fewer than electric models. However, once they break down, you will need to repair them. Due to the complexity of gas furnaces, their repair and maintenance costs are higher than electric models. Gas consumers often overlook this part of the equation only to regret later.
Call Our Experts Today!
In summary, electric models are generally cheaper to buy and maintain but will use a lot of money in the long run. Gas models have lower operating costs, although their initial buying costs are high. Are you looking to install a heating unit? Contact the experts at Harwich Port today, and let us send you an HVAC professional to sort your needs out.