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Gas Rates Small Gas Customers will have three charges – Customer Charge = $35 per month – Usage Charge of $0.615 per CCF – Gas Charge = variable = estimated.

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Presentation on theme: "Gas Rates Small Gas Customers will have three charges – Customer Charge = $35 per month – Usage Charge of $0.615 per CCF – Gas Charge = variable = estimated."— Presentation transcript:

1 Gas Rates Small Gas Customers will have three charges – Customer Charge = $35 per month – Usage Charge of $0.615 per CCF – Gas Charge = variable = estimated to be $0.861 per CCF A CCF is 100 cubic feet of gas which is a common measurement term A typical upstate NY home uses 1,000 CCF per year 1/6/2014Hamilton Municipal Gas Utility Projections1

2 Cost of Gas Gas is mostly used for heat with about 25% used in January Gas cost in January – Customer charge $35 – Usage charge at 250 CCF and $0.615 per CCF equals $153.75 – Gas Charge at 250 CCF and $0.861 per CCF equals $215.25 – Total = $404.00 1/6/2014Hamilton Municipal Gas Utility Projections2

3 Cost of Oil 250 CCF of gas is equivalent to 180 gallons of oil (0.72 gallons per CCF). Oil cost would be $684 at $3.80 per gallon Cost of Gas $404 or $280 less than oil a 41% savings. 1/6/2014Hamilton Municipal Gas Utility Projections3

4 Annual Savings Cost of Gas – Customer Charge = $420 ($35 * 12) – Usage Charge = $615 ($0.615 x 1,000 CCF) – Gas Charge = $861 ($0.861 x 1,000 CCF) – $1,896 Cost of Oil – 1,000 CCF = 720 Gallons – $3.8 per Gallon – $2,736 Gas Savings $840 ($2,736 less $1,896) or 31% less than oil 1/6/2014Hamilton Municipal Gas Utility Projections4

5 Cost of Propane 250 CCF of gas is equivalent to 273 gallons of propane (1.092 gallons per CCF). Propane cost would be $546 at $2.00 per gallon Cost of Gas $404 or $142 less than propane a 26% savings. 1/6/2014Hamilton Municipal Gas Utility Projections5

6 Annual Savings Cost of Gas – Customer Charge = $420 ($35 * 12) – Usage Charge = $615 ($0.615 x 1,000 CCF) – Gas Charge = $861 ($0.861 x 1,000 CCF) – $1,896 Cost of Propane – 1,000 CCF = 1,092 Gallons – $2.0 per Gallon – $2,184 Gas Savings $288 ($2,184 less $1,896) or 13% less than propane 1/6/2014Hamilton Municipal Gas Utility Projections6

7 Your Savings Will Depend – Age of home – Insulation – Size of Home – Use of Appliances – Drafty or Weather Tight – Current Fuel Use – Cost of Conversion 1/6/2014Hamilton Municipal Gas Utility Projections7

8 Helpful Web Sites https://www.peco.com/Savings/ToolsandCalculators/GasHeatConversion /Pages/OilCalc.aspx 1/6/2014Hamilton Municipal Gas Utility Projections8 This is PECOs rate not Hamiltons. Hamiltons average rate is $1.6 per CCF

9 More Web Sites https://www1.nationalgridus.com/Advantages http://nepacrossroads.com/fuel-comparison- calculator.php http://nepacrossroads.com/fuel-comparison- calculator.php http://www.aces.edu/poultryventilation/docu ments/Nwsltr-53EconomicsofNaturalGas.pdf http://www.aces.edu/poultryventilation/docu ments/Nwsltr-53EconomicsofNaturalGas.pdf 1/6/2014Hamilton Municipal Gas Utility Projections9


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