Is Natural Gas Cheaper Than Electricity In Ontario

Deciding between propane vs.

Is natural gas cheaper than electricity in ontario. Natural gas rates remain significantly lower than electricity more than five times cheaper. However if you only have electricity then the choice between the two fuels becomes a little less clear. Your location is also a decisive element when it comes to offsetting the prices at the time of purchase. Gas is cheaper than electricity so provided you have a natural gas connection it will often work out cheaper to opt for gas over electricity wherever you can.

Although natural gas is a greenhouse gas when released into our environment propane is not on the same level as it has no toxicity to harm the environment. Electric for energizing a home is a debate common for homeowners who want to be both cost effective and energy efficient. Gas furnaces are more expensive to install especially if you do not already have natural gas service. To start propane is a primary energy source whereas electricity is secondary that is to say propane can be used as is and electricity can.

Natural gas is known as a clean energy alternative since it s clean burning producing less harmful emissions than other fossil fuels oil and coal. If natural gas rates have been historically lower than electricity in your province chances are high that they will be lower than electricity prices in the years ahead. Natural gas costs 3 82 cents per kwh and its cipk is 187 9 grams. The globe reported that ontario has a 7 billion plan to reduce greenhouse gas emissions by moving all homes over to electric heating by 2050 and putting electric cars in people s driveways.

Overall a natural gas fueled furnace is cheaper to run as natural gas is generally cheaper than electricity this is expected to continue to be the case in the medium to long run. Gasoline costs 10 5 cents per kwh and its cipk is 258 4 grams. Gas units are more powerful and can heat the home more quickly than electric units. Natural gas is a vital source of energy for consumers for many reasons including the fact that it s a versatile fuel source abundant safe and the cleanest of the fossil fuels.

Another distinguishing factor is cost. Our more representative comparison however highlights how the difference is not as great as the hydro quebec report depicts. Ontario and the rest of canada began the process of deregulating the nation s natural gas market in 1985. Electricity nearly four times cleaner than natural gas cost nearly five times as much as natural gas in ottawa and nearly 8 times as much in eastern muskoka.