Homeowners have a choice between gas and electric appliances for cooking, heating and cooling their homes. Not all homes are equipped with both gas and electric, though. If a home does not have gas lines, they can be added to gas service can be provided to the home. For homes with both electric and gas, the choice becomes one of preference.
Both gas and electricity are fairly efficient. While gas tends to be cheaper than electric, it does come with a couple of risks. Gas appliances in poor condition can create carbon monoxide risks. Gas is also explosive, which makes gas leaks dangerous. However, electric appliances in poor condition can short circuit, becoming a fire hazard.
Electric water heaters are nearly 100 percent efficient. However, an electric water heater is three times more expensive to run than a natural gas water heater.
Natural gas clothes dryers are more efficient than electric dryers. When used with a natural gas water heater, calculating the cost of gas at around $1.10 per therm, the cost of water, and washing 2 loads per week, these gas appliances can save you approximately $30 per year.
When compared side by side, natural gas stoves are 40 percent more efficient than electric stoves. The most efficient stoves were natural gas with electric ignition switches as these used less natural gas. In fact, choosing a gas stove over an electric stove can save you around $52 per year.
Natural gas pricing varies depending on area and time of year. To find the price you pay for natural gas, you will have to consult your gas bill, or visit the provider's website. Electrical pricing is also varied and will need to come from your electric bill (or the provider's website). Electricity usage is measured in kWh, while natural gas usage is measured in therms.