Propane prices vs electric portable heater

Propane prices in Indiana have risen to unaffordable levels. Propane (LP gas) deliveries have been rationed. Some LP gas customers are even worried they may run out of propane fuel and not be able to live in their home. Propane heating costs in Indiana in 2014 are causing most propane gas customers to look for alternative means of heating their homes including using an electric portable heater.

If you heat with Propane and you have been forced to pay outrageous propane rates in Indiana, here is a very easy alternative to consider. Precision Comfort Systems in Westfield, Indiana always keeps their customers updated with the most current fuel cost information. The most important information you need now is to able to compare propane prices vs electric portable heater in Indiana.

Before I go any further, please understand that using portable electric heaters in your home is a reasonable alternative, but can be dangerous. You must follow safety precautions. These heaters are hot. They heat nearby surfaces to the point of combustion. If used properly, they can save you some money when compared to the current costs of propane gas. But please follow all precautions.

Below is a table with too many numbers. But here is a summary to help you understand how to use the table. Suppose you want to purchase one million units of heat. Each unit is called BTU. If your propane costs $4.00 per gallon and you use a 90% LP gas furnace, you will spend $49.38 for one million BTUs. See if you can find this number in the table below. At $5.00 per gallon, a 90% propane furnace will cost you $61.73 per million BTUs. In comparison, if your electric cost is $.09 per kWh, then you will spend $26.37 for one million BTUs, or about half price.

Does it matter what kind of electric heater you use? Yes and no. In terms of efficiency and cost to operate, all electric heaters are the same. See this information for more details. In terms of safety, yes some electric heaters are more safe than others. Review the features and choose a safe heater.

One last, very important thought. Heat pumps are not the same as a portable electric heater. For example, a geothermal heat pump, at $.09 per kWh, will provide heat for a mere $8.00 per million BTUs instead of $50.00 per million with your propane furnace. We are very busy right now upgrading propane furnaces to geothermal heat pumps, but call us and let us explain what it takes to finally free yourself from high propane prices in Indiana.

Compare Propane (LP) Gas Heating Costs to Electric Heat

Past LP gas Cost/Gallon

Recent 2014 LP Cost/Gallon

Current Electric Costs

LP Cost per Gallon Cost per million btus: 80% or 90% LP furnace LP Cost per Gallon Cost per million btus: 80% or 90% LP gas furnace Electric Cost per kWh Cost per million btus:
Any electric element

80%

90%

80%

90%

$3.30 $45.83 $40.74 $5.00 $69.44 $61.73 $0.125 $36.62
$3.20 $44.44 $39.51 $4.90 $68.06 $60.49 $0.120 $35.16
$3.10 $43.06 $38.27 $4.80 $66.67 $59.26 $0.115 $33.69
$3.00 $41.67 $37.04 $4.70 $65.28 $58.02 $0.110 $32.23 REMC
$2.90 $40.28 $35.80 $4.60 $63.89 $56.79 $0.105 $30.76
$2.80 $38.89 $34.57 $4.50 $62.50 $55.56 $0.100 $29.30
$2.70 $37.50 $33.33 $4.40 $61.11 $54.32 $0.095 $27.83
$2.65 $36.81 $32.72 $4.30 $59.72 $53.09 $0.090 $26.37 Duke
$2.60 $36.11 $32.10 $4.20 $58.33 $51.85 $0.085 $24.90
$2.50 $34.72 $30.86 $4.10 $56.94 $50.62 $0.080 $23.44
$2.40 $33.33 $29.63 $4.00 $55.56 $49.38 $0.075 $21.97 IPL
$2.30 $31.94 $28.40 $3.90 $54.17 $48.15 $0.070 $20.51
$2.20 $30.56 $27.16 $3.80 $52.78 $46.91 $0.068 $19.92
$2.10 $29.17 $25.93 $3.70 $51.39 $45.68
$2.00 $27.78 $24.69 $3.65 $50.69 $45.06
$1.90 $26.39 $23.46 $3.60 $50.00 $44.44
$1.80 $25.00 $22.22 $3.50 $48.61 $43.21
$1.70 $23.61 $20.99 $3.40 $47.22 $41.98

Ed Kittle

General Manager Ed Kittle joined Precision Comfort Systems in 2020, bringing nearly four decades of industry experience. A past president and current Indiana ACCA chapter board member, Ed is also a licensed HVAC contractor and serves on the City of Indianapolis Licensing Board. He is certified by the Air Conditioning Contractors of America (ACCA) in heat loss, heat gain, and duct design.

Updated: July 27, 2024

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