Bozo said:
But, electric is usually the most expensive for of energy.
This might have changed recently with natural gas prices up ~40% this season.
I'm trying to figure this out.
I pay 8.275 cents for the first 400 kilowatt-hours of electricity and after that I pay 3.734 cents per kilowatt-hour.
1 Therm costs
~$1.55 and contains 105,480,400 joules or 105,480.4 mega joules that equals .0000172 cents per mega joule (this includes efficiency of 85%, new natural gas furnaces run at around 85% efficiency.)
1 kilowatt-hour contains 3,600,000 joules or 3,600 mega joules that equals .0000229 cents per mega joule after the first 400 kilowatt-hours the price drops to .0000103 cents per mega joule
Electric heaters run at 100% efficiency, not including any kind of fan. But, gas furnaces also have a fan so we will not consider the fan at all.
So, it appears that gas is cheaper if you are only going to use up to 400 kilowatt-hours of electricity (33% cheaper), but if you are going to use more then electric is about 59% cheaper.
Note: There could be errors in my math. Anyone feel like checking it through?