Posted by George Marsh on January 19, 2012 at 13:15:21 from (50.104.233.8):
In Reply to: Re: Electric rates posted by Aaron SEIA on January 19, 2012 at 11:33:30:
Aaron, to make this an apple to apple comparison let's do the math. It cost me about $600 for wire, thermostats and baseboard heaters to convert my natural gas home into total electric. My smallest electric bill was $82.53 for 687 kw-hrs. This was a month where I wasn't heating or cooling. Look at my largest month $241.85 for 2617 kw-hrs. That was a heating month. The difference between largest to smallest is about 2000 kw-hrs at an increased cost of $160. That's about 6 M BTU's of heat. So, if I were to switch over to a 97% gas furnace, I would expect to save $7/Million BTU's. That's 6 Million BTU's times $7/M = $42 savings for my worst month.
If I switch over to gas I may save $200/year. Look at the cost to covert to a heat pump, 97% gas, or a woodburner, it would never pay me to switch. Do the Math.
You may be able to save more because you may live in a colder climate, have higher electric rates, or you may not have the same energy efficient home.
You also need to factor in that I'll never have to have a service call to fix my furnace, which only goes out on weekends, late at night, or on a holiday.
I have electric heat in my rentals. One place was built in the 50's. I've only had to replace 2 $15 thermostats, which I did myself.
You also need to factor in how much electricity your furnace uses each month. Bet that will make the difference even less than $7/M BTU's.
I will agree. Your cost per BTU may be about 20% less, but look at your total investment, service calls, filters, and life of the furnace. It may save you money, but it would cost me more that I would ever get back.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
