In Southwest Ohio, I am currently paying about 1.01 per CCF for natural gas and about .0704 per kWH for electricity, and I am looking at a house to buy that has an old Williamsom electric furnace and heat pump. With the approximate doubling of the cost of natural gas in the last two years, I am wondering how the cost of electricity now compares to natural gas. The cost figures I have used include the various riders and other miscellanous charges that are part of both bills. Therefore, I would like to how electricity compares to gas at these prices. The house is a good deal in other ways, and I am still wondering if gas is significantly cheaper than electricity.
Thanks,
MD