Home > Calculators Heating & Cooling Cost Comparisons for New Equipment Thinking of installing a new system? Compare the annual energy costs of new electric heating and cooling equipment to the cost of using new propane, natural gas or oil furnace and central cooling equipment. Find out how much you can save in your area with electricity today!   My Information My Cooperative: IOWA state average » Not your cooperative? Click here to get your localized information House Type: -- SELECT --One Story with Basement/CrawlspaceOne Story with Walkout BasementTwo Story with Basement/CrawlspaceTwo Story with Walkout Basement  Area of Home: -- SELECT --500 sq ft1000 sq ft1500 sq ft2000 sq ft2500 sq ft3000 sq ft3500 sq ft4000 sq ft4500 sq ft5000 sq ft5500 sq ft6000 sq ft6500 sq ft7000 sq ft7500 sq ft8000 sq ft8500 sq ft9000 sq ft9500 sq ft10000 sq ft  (do not include basement area) Insulation Level: -- SELECT --Above AverageAverageBelow AverageLittle or none    Gas/Oil System to Compare to Electric Systems -- SELECT --Natural Gas Furnace & ACOil Furnace & ACPropane Furnace & AC    Fuel Prices and Rates Electric Heat Rate: $ 0.0375 / kWh    Did you know...    That a portable tank of propane --the same kind that is used in many grills -- typically costs as much as $3.00 per gallon. Cooling Rate: $ 0.0775 / kWh Propane: $ / Gallon Fuel Oil: $ / Gallon Natural Gas: $ / Therm The electric rates shown are available for members of IOWA state average . Certain requirements must be met to qualify for these rates. Contact the cooperative to verify that your heating and cooling system will qualify. Gas, propane and oil prices are state averages.

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