How much can you save?
Based on the varying cost per gallon of Propane to the
cost per 1 MCF of Natural Gas, a homeowner can enjoy
approximately 40% to 45% cost saving when using Natural Gas
instead of Propane. We encourage Propane customers to use
the following calculation to determine their potential savings.
|
1 MCF Natural Gas
|
= |
10.75 Gallons of Propane
|
LDC's
Natural Gas Price
|
= |
$12.48/MCF
|
|
Current Propane Cost
|
= |
$2.40/Gallon of Propane
|
|
10.75 X $2.40
|
= |
$25.80 (equivalent price per MCF)
|
|
$25.80 - 12.48
|
= |
$13.32 (per MCF less for Natural Gas)
|
|
$13.32 / $25.80
|
= |
0.516 or 51.6% Savings
|
|
If your propane bill was:
|
$300.00 X 0.516 = $154.80 Savings
$400.00 X 0.516 = $206.40 Savings
$500.00 X 0.516 = $258.00 Savings
|
Calculate your own savings:
|
10.75 (gal. of Propane)
|
X |
______________ |
= |
(A)____________ per MCF
|
|
Per MCF of Nat. Gas
|
|
Your Propane cost per gallon
|
|
Your equivalent Propane cost to Nat. Gas
|
|
(A)______________
|
- |
____$12.48____ |
= |
(B)______________Savings
|
|
|
Per MCF of Nat. Gas |
|
per MCF of Nat. Gas
|
|
(B)______________
|
/ |
(A)______________ |
= |
_____________% Savings
|
