Natural Gas Pricing vs. Alternative Fuels
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CenterPoint Energy works with a variety of suppliers, buying natural gas throughout the year on a competitive bid basis, a common utility practice to ensure reliable supplies and to take advantage of typically lower spring and summer natural gas prices. The cost of gas on a customer's bill changes monthly depending on market prices, weather, the economy and supply and demand.
CenterPoint Energy is committed to delivering natural gas to customers safely, reliably and at reasonable prices.
Clean-burning natural gas costs less to use than any other energy source. In fact, natural gas is about half the cost of other fuels. Shown below is the average residential energy pricing information for Minnesota.
| Energy source | $/Unit Fuel | $/Therm Equivalent |
| Natural gas | $0.80/Therm | $0.80/Therm |
| Electricity | $0.095/kWh | $2.80/Therm |
| Propane | $2.10/gallon | $2.29/Therm |
| Heating oil | $3.60/gallon | $2.59/Therm |
Source: U.S. Department of Energy - Energy Information Administration, March 2011
*One Therm is equivalent to 100,000 Btu or 100 cubic feet CCF.
Learn how you can save money by using Energy Efficient Appliances fueled by natural gas throughout your home to heat water, dry clothes, cook and more. In that area of our site, you can compare appliance operating costs and emissions with our online cost calculators at CenterPointEnergy.com/gasisbetter.
