Space Heating
| Equipment Description | Estimated Annual Operating Costs | Savings if Converted to Natural Gas | Operating Life-Cycle Cost |
| Standard Efficiency | |||
| Natural Gas – Average Furnace, 80% AFUE | $574 | – | $8,606 |
| Residential Heating Oil (#2) – Average Furnace, 80% AFUE | $1,238 | $665 | $18,576 |
| Propane – Average Furnace, 80% AFUE | $1,912 | $1,338 | $28,674 |
| All Electric Furnace/Resistance Heat | $1,965 | $1,392 | $29,482 |
| Electric – Standard Efficiency Heat Pump, 8.7 HSPF | $838 | $264 | $12,566 |
| High Efficiency | |||
| Natural Gas – High Efficiency Furnace, 92% AFUE | $499 | – | $7,483 |
| Residential Heating Oil (#2) – High Efficiency Furnace, 92% AFUE | $1,077 | $578 | $16,153 |
| Propane – High Efficiency Furnace, 92% AFUE | $1,662 | $1,163 | $24,934 |
| Electric – High Efficiency Heat Pump, 9.5 HSPF | $787 | $288 | $11,798 |
Water Heating
| Equipment Description | Estimated Annual Operating Costs | Savings if Converted to Natural Gas | Operating Life-Cycle Cost |
| Standard Efficiency | |||
| Natural Gas – Standard Water Heater, 0.59 EF | $164 | – | $2,128 |
| Residential Heating Oil (#2) -Standard Water Heater, 0.59 EF | $353 | $190 | $4,594 |
| Propane – Standard Water Heater, 0.59 EF | $546 | $382 | $7,092 |
| Electric – Standard Water Heater, 0.9 EF | $437 | $273 | $5,676 |
| High Efficiency | |||
| Natural Gas – Condensing Tankless Water Heater, 0.95 EF | $102 | – | $1,322 |
| Residential Heating Oil (#2) – Condensing Tankless Water Heater, 0.93 EF | $224 | $123 | $2,914 |
| Propane – Condensing Tankless Water Heater, 0.93 EF | $346 | $224 | $4,499 |
| Electric – High-Performing Water Heater, 0.95 EF | $414 | $312 | $5,377 |
Cooking
| Equipment Description | Estimated Annual Operating Costs | Savings if Converted to Natural Gas | Operating Life-Cycle Cost |
| Natural Gas – Standard Cooktop, 40% Efficient | $46 | – | $460 |
| Electric – Standard Cooktop, 74% Efficient | $101 | $55 | $1,012 |
Clothes Drying
| Equipment Description | Estimated Annual Operating Costs | Savings if Converted to Natural Gas | Operating Life-Cycle Cost |
| Natural Gas – Standard Dryer, 2.67 EF | $34 | – | $342 |
| Electric – Standard Dryer, 3.01 EF | $124 | $89 | $1,236 |
Source: Operating Costs Chart