Question

Your office is moving into a new space and you have to decide if you want electric heat or natural gas. You have determined that it will take about 4000 kWh per month to heat the space with electricity and currently your electric company charges $0.075 per kWh. The natural gas provider currently charges $1.85 per therm. The conversions you will need are:1 kWh = 3,413 Btu; 100,000 Btu = 1 Therm. Based on heating costs only, which will be cheaper, electric or gas? How much will you save each month?

Answer 1

the gas is cheaper, so the office will probably go with gas.

the selection would be $252.56.