When compared with other fuels, natural gas is usually the
most economical choice. Replacing your electric appliances
with natural gas may result in big savings on your energy bill.
|
Average annual electric cost |
Average annual natural gas cost |
Annual savings* |
Furnace |
$2,214 |
$668 |
$1,546 |
Water heater |
$523 |
$178 |
$345 |
Clothes dryer |
$88 |
$32 |
$56 |
Range |
$96 |
$42 |
$54 |
* Actual savings will vary based on weather, equipment
efficiencies, lifestyle, habits and other factors.
Assumptions
- Based on average year-round residential customer.
- Based on the 2019 12 month weighted average cost of gas for Minnesota Energy Resources and
Minnesota Electricity Profile 2017 from U.S. Department of Energy.
- Based on average use for a household of four.
- Furnace temperature set at 70 degrees, average equipment efficiency 95%.
Why most customers choose natural gas
Natural gas is one of the most versatile, dependable sources of energy
available. Find out more about the benefits of natural gas.