Kanwar (Ken)  Kochar

Kanwar (Ken) Kochar

Broker

RE/MAX Gold Realty Inc., Brokerage *

Mobile:
416-995-6900
Office:
905-673-8500
Email Me

What’s cheaper / safer: gas or electric appliances?

What’s cheaper: gas or electric appliances?

Natural gas is almost always cheaper than electricity. Choosing all gas appliances can save you up to 30 percent on your utility bill. But while we all want to save on utility bills, there’s more money on the line than just utility costs.

If your home is only set up for electric appliances, converting to gas will cost a pretty penny. You’ll probably spend between $250 and $700 to reroute a gas line and install a gas appliance, and that doesn’t include the cost of the appliance itself. You might be eligible for rebates from your utility company if you do convert to natural gas, so be sure to give them a call before you make the decision.

Converting to electric will also be pricey: You’ll have to install an electric line and cap the gas line, which will put you out at least $350 per line.

Bottom line: Converting from one system to the other is expensive. Gas appliances cost more upfront, but over time, gas will save you money on your utility bill.

Is gas or electric safer?

Home safety first

It’s important to make sure your new appliance is safe for your family. Both gas and electric appliances have a few potential safety hazards you should be aware of:

  • Gas: If you use gas, be sure your home has proper ventilation to prevent carbon monoxide poisoning. You’ll also need to install and regularly test a carbon monoxide alarm, if you don’t already have one.

  • Electric: Electric appliances carry a slight risk of fire and electrocution if they're not installed and maintained properly. All appliances and home wiring systems should be kept up to date and used according to directions to ensure safety.

Gas is greener

Gas takes the trophy as the more eco-friendly option for any appliance. Gas dryers in particular use 30 percent less energy than electric ones, which will reduce your carbon footprint. That’s something to feel good about!

 

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