Is Natural Gas Cheaper Than Electricity In Ontario

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.

Is natural gas cheaper than electricity in ontario.

Though the two energy sources are comparable in many ways they are distinct in others as well. Thirteen years later ontario passed the energy competition act of 1998 which called for the restructuring of the province s electricity market in order to make it more competitive and to expand the choices available to consumers. Gas furnaces are more expensive to install especially if you do not already have natural gas service. Another distinguishing factor is cost.

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. 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. Deciding between propane vs. 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.

However if you only have electricity then the choice between the two fuels becomes a little less clear. Gasoline costs 10 5 cents per kwh and its cipk is 258 4 grams. Natural gas rates remain significantly lower than electricity more than five times cheaper. 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.

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. 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. Ontario and the rest of canada began the process of deregulating the nation s natural gas market in 1985. Electric for energizing a home is a debate common for homeowners who want to be both cost effective and energy efficient.

Natural gas costs 3 82 cents per kwh and its cipk is 187 9 grams. 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. 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. There is no question electricity is cheaper in quebec than in ontario and household energy bills including both electric and natural gas are lower as a result.