Quote:
Originally Posted by Pineedles
We just got another fill-up here in CT. $3.91 per gal. That's up 63% since December 1st!! I know it's still lower than some of the prices in this thread but 63%, come-on.  I might go back to electric heat, it's probably cheaper now, even if it's $0.21 per kw. Any math genius' out there that could tell me if it is? |
The below is a formula that will get you somewhere near the difference. It doesn't take into consideration the efficiency factors:
1 Gallon of Propane = 27 kwh of electricity
$0.21 per kwh x 27 kwh = $5.67 for electricity
Therefore electricity at $0.21 per kwh is more expensive then propane at $3.91 per gal