Hope this is the correct forum for this thread but here goes.
Just got this months utility bill. We have a heat pump. From 11-21 to 12-21, I put the T-stat on 70, didn't touch it after that and "let 'er run" , to quote a board member. For the 31 days of use, my cost for the heating was ~$3.50 per day. No big deal. Sounds cheap enough. Weather was still mild.
But my head is spinning trying to make sense of what them bastiges are trying to do. Half of the month I was charged one rate. The second half I was charge a couple cents more. For the first baseline quantity I was charged at a rate. Then at 101%-130% another rate. Then from 131%-200 another. Finally from 201% -300 yet another.
My coming to terms with this was that the average was $.196325 per Kwh.
As for gas, I use it for the clothes dryer, stove, and hot water. The gravity wall furnace has been abandoned since the HP and ducting was installed. My baseline quantity is 33.6 Therms. I used only 14.45161 @ $1.21296
I do not know what the price of gas is when over the baseline.
My point of all this gibberish is, How do I figure out what energy source is/would be cheaper. I'm not trying to split hairs but I is no engineer,
As for the Heat Pump, this is our third heating season. I"m used to it's personality as compared to Gas and am happy with the utility costs.
As a side note, when I get the unit size vs ductwork size vs house size worked out, I may be even at a lower monthly cost. You'll have to check my other threads to follow that quagmire.
Peace to you and yours. Have a safe and prosperous New Year.