Fuel cost comparison

Natural gas is about one third—or less—than the cost of electricity and other options like heating oil or propane. Want to know how much you can save by switching to natural gas? Check out the approximate annual space heating cost comparisons for typical households in your area:1

Lower Mainland & Squamish

A graph showing the annual fuel cost comparisons, in the lower mainland and squamish, between natural gas ($570) electricity ($2,170) and heating oil ($2,215). (18-224.1)

Vancouver Island & Sunshine Coast

A graph showing the annual fuel cost comparisons, on Vancouver Island & the Sunshine Coast, between natural gas ($565) electricity ($2,135) and heating oil ($2,115). (19-018)

Whistler

A graph showing the annual fuel cost comparisons, in Whistler, between natural gas ($850) electricity ($3,555) and heating oil ($3,280). (18-224.11)

Northern interior

A graph showing the annual fuel cost comparisons, in the Northern Interior, between natural gas ($1,135) electricity ($4,435) and heating oil ($4,530). (19-018)

Southern interior

A graph showing the annual fuel cost comparisons, in the Southern Interior, between natural gas ($730) electricity ($3,010) and heating oil ($2,600). (19-018)

1These are approximate annual costs for space heating of a typical household in specific FortisBC and BC Hydro service areas as identified. A typical household is defined as an existing single family house approx. 2,300 square ft. with average insulation. Anticipated savings will be the difference between annual natural gas, electricity, heating oil or propane costs for various heating equipment.

Calculations compare the most energy-efficient heating equipment currently available for natural gas furnace heating, electric resistance heating, oil furnace heating and propane furnace heating, and are based on FortisBC natural gas rates as of January 2019, FortisBC electricity rates as of April 2018 used for Southern Interior, BC Hydro electricity rates as of April 2018 used for Lower Mainland, Vancouver Island, Whistler and Northern Interior, and heating oil and propane rates as of February 2018 from the Home Heating Oil & Propane Price Survey for B.C., Participant Research, February 2018. Calculations include applicable carbon tax. 

Savings may vary by household and do not include potential rebates and/or incentives.