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In Eastern MA electric is 26 kwh, and $15.00 per thousand cubic feet as per January 1st. Most natural gas furnaces are between 80-90% efficient, but to get abo
by Dork1234 4y ago
In Eastern MA electric is 26 kwh, and $15.00 per thousand cubic feet as per January 1st.
Most natural gas furnaces are between 80-90% efficient, but to get above 80% you need to have a high power electric fan. Which would put them roughly at 6 cents per kwh or (0.0625 for 80%).
At COP of 3, that would mean 8.66cents per kwh, and a COP of 4 would be 6.5. Which would roughly be breaking even compared to 80% efficient furnace.