i remember hearing they are like 5 cents an hour.
WOW they are going to tax electricity to make it as unappealing as gas? Socialist Protectionism anyone?
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Usually electricity is more expensive than propane and especially natural gas. Say electricity is 11 cents per kwh. That is 3413 btu. That would make propane worth $2.95 per gallon and natural gas worth $33 per MCF or over $32 per 1,000,000 BTU of natural gas. The last time I purchased propane it was $2.49 per gallon so it would cost me about 20 percent more to heat with electricity since my electricity is a little over 11 cents per kwh. It has been at least 6 years since I have purchased any natural gas. Online I saw a residential price of $9.80 per MCF which would make electric heat about 3 times as expensive as natural gas. You should be able to look up the price of heating oil and compare the two.
All electric space heaters are 100% efficient- being energy star or not makes no difference.
Where I am, people tear out any electric heaters as soon as they buy a house and put in either oil or propane unless the heater is a heat pump.
For moderate temperatures, possibly. But for extremes like USDA growing zones, 5,4,3 and northward- no. Even it were less costly for now once the carbon taxation hits in places where it is not currently being levied- any savings would be gone and then some.
You would be better money ahead by weatherizing the house and windows you have. You can also get some other ideas for saving energy and supplemental heat sources here: http://www.builditsolar.com
Electricity is usually universally more expensive than other fuels since other fuels are used to produce electricity. Strictly speaking electricity is a form of energy and not fuel.
If you mean electric space heaters that is very expensive. They heat by using resistance to create heat.