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Gas Rates

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.

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Gas Rates

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  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 Hamilton Municipal Gas Utility Projections

  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 Hamilton Municipal Gas Utility Projections

  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. Hamilton Municipal Gas Utility Projections

  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 Hamilton Municipal Gas Utility Projections

  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. Hamilton Municipal Gas Utility Projections

  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 Hamilton Municipal Gas Utility Projections

  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 Hamilton Municipal Gas Utility Projections

  8. Helpful Web Sites https://www.peco.com/Savings/ToolsandCalculators/GasHeatConversion/Pages/OilCalc.aspx This is PECO’s rate not Hamilton’s. Hamilton’s average rate is $1.6 per CCF Hamilton Municipal Gas Utility Projections

  9. More Web Sites • https://www1.nationalgridus.com/Advantages • http://nepacrossroads.com/fuel-comparison-calculator.php • http://www.aces.edu/poultryventilation/documents/Nwsltr-53EconomicsofNaturalGas.pdf Hamilton Municipal Gas Utility Projections

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