Comparing Costs

Save every month with an all-electric home
Are you thinking about buying a new home? Or maybe you're considering a new, more efficient heating/cooling or water heating system for your home?

Gulf Power can help you make wise decisions that will ensure a comfortable, energy efficient and less expensive home to operate.

For instance, one of the biggest decisions you will make is whether to go all-electric or to use gas.

In Northwest Florida, electricity is cheaper than gas. You will save money every month with an all-electric home.

Save hundreds of dollars every year
Using gas heat or a gas water heater in an 1,800-square-foot home will cost an average of $747 per year in Northwest Florida. If you live in Escambia County, this home will cost up to $853 per year. This same home with a high efficiency heat pump and electric water heater will cost $429 per year. When you have an all-electric home with a heat pump, you get more for your money.

NW Florida natural gas prices exceed the national average
If you are moving to the Florida Panhandle from another part of the country, you'll find gas is more costly here. The Northwest Florida average price for natural gas is $1.65 per therm based on a three year quarterly average. That's 41 percent higher than the national average of $1.17 per therm. (DOE/EIA three-year quarterly average as of January 2006.) In fact, Florida's natural gas prices are the highest in the nation, according to the Energy Information Administration.

High quality energy at a low price
Not only is electricity from Gulf Power cheaper than natural gas in Northwest Florida; it's cheaper than electricity in most areas of the country. In fact, Gulf Power customers enjoy one of the lowest prices for electricity in the nation and the lowest price in the state.

But we don't stop there. Even after you have made your decision, our energy experts are there to advise and help you any way they can. You can call on them anytime for expert advice on how to enhance the energy efficiency of your home and save you money. For instance, if you have an account with us, try our energy check up.

Gulf Power — the energy experts
Call on us to help you find ways to increase the comfort and energy efficiency of your home, and save where it counts — in your pocket book.

*NOTES:
Cost Comparison is based on a family of three living in a typical 1,800 square foot home including R-13 wall insulation and R-38 attic insulation; a typical 80% efficient gas furnace and a 560 efficient gas water heater or a typical 11.0 SEER - 3.2 COP, 7.6 HSPF electric heat pump and a 92% efficient electric water heater. Electricity cost for heating and water heating is based on a cost of $.08223 per KWH, January 2006. Gulf Power average cents per kWh is based on the additional kWh usage of above typical all-electric home.

Northwest Florida average gas cost is a three-year quarterly average based on all gas company rates and customers. Local natural gas rates are based on a three-year quarterly average as of January 2006.