A heat pump costs a little more than a gas furnace around 8 000 vs.
Is natural gas cheaper than electricity in bc.
Comparisons of natural gas and electric heating often only consider baseboard heaters which are very inexpensive to install but use more electricity than heat pumps and therefore can be expensive to run.
Supply shortages and rising prices however have narrowed and perhaps even closed the gap at times.
Information from the executive office of energy and environmental affairs about last winter s projected home heating costs shows lower costs were expected for electric heating rather than natural gas.
Electricity is cheapest in provinces that rely mostly on hydro such as british columbia manitoba and quebec but is more expensive in other provinces.
Propane once had a reputation as a lower cost alternative to electricity for home heating.
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.
Some may be convinced that gas is the cheaper alternative while others think that electricity is the cheaper option.
Anticipated savings will be the difference between annual natural gas electricity heating oil or propane costs for various heating equipment.
If you live in an area where electricity costs less than gas then a heat pump is also the better option.
In fact while a gas furnace is always less than 100.
Usually electricity can be found at cheaper prices in hydro abundant provinces such as quebec and british columbia while natural gas tends to be less expensive in natural gas rich provinces such as alberta.
But what do the numbers say.
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.
A typical household is defined as a single family house approx.
5 000 after rebates but it is vastly more energy efficient.
1 these are approximate annual costs for space heating of a typical household in specific fortisbc and bc hydro service areas as identified.
The prices of both natural gas and electricity vary depending on where you live in canada.
Gas furnace come down to where you live.
Why choose a heat pump over a gas furnace.
However if you only have electricity then the choice between the two fuels becomes a little less clear.
Determining when a heat pump costs less to run than a gas furnace depends on a lot of factors.
Natural gas is cheapest in alberta the point of production for canadian natural gas.
Most of the reasons you would choose a heat pump vs.
