A Comparison of Electric to Gas
ESP holds a competitive advantage to Gulf Power for stand alone applications for hot water and cooking, as well as an overall competitive advantage for the combination of water heating, cooking and space heating. Comparing space heating in isolation to the other applications, natural gas service is slightly higher as compared to a heat pump.
|
Local
Electric |
ESP
Inside City |
Difference
|
ESP
Outside City |
Difference
|
|
| Annual Cost: | |||||
| Heating |
$265.32
|
$305.40
|
$40.08
|
$339.40
|
$74.08
|
| Hot Water |
$397.98
|
$229.05
|
($168.93)
|
$254.55
|
($143.43)
|
| Cooking |
$79.60
|
$30.54
|
($49.06)
|
$33.94
|
($45.66)
|
| Total |
$742.9
|
$564.99
|
($177.91)
|
$627.89
|
($115.01)
|
|
*based on January 2007 date. |
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