Looking to convert your home to affordable, clean and convenient natural gas heating? Home Comfort News …. brought to you by Lasko Products, Inc., leaders in innovative, quality, high-performance home comfort products at a great value. And that's good news, because the price of natural gas is a large part of your monthly heating bill. We can't predict exactly what gas prices or gas bills will be, because several factors will continue to influence them. For example, your bill will be impacted by winter temperatures and how much gas you actually use. But we all need to prepare now by doing what we can to use natural gas more efficiently and manage upcoming heating bills. Natural gas prices rise and fall for the same reason the prices of other goods rise and fall.
Of course, it is impossible to have this exact electricity and heating mix for a building for the course of a day and the year, so it is necessary to properly size the CHP to maximize the return on investment (ROI). The main reason for this is that the price difference between electricity and natural gas hasn't been great enough to justify the initial cost.
We think the market is slowly facing up to the reality of a winter heating bust for the 2014-2015 cycle, and that even some additional periods of cold weather are becoming less and less relevant in terms of being able to deflect the bearish story that is shaping up for 2015," Mr. King said. Here's a calculator that can assist homeowners in figuring out which method of heating a home is more economical: Neither gas nor propane is "warmer" than the other...that's a layman's fallacy associated with not buying a furnace with sufficient BTU output for the heated space.
While non-condensing tankless gas water heaters have an average energy factor of 0.82, condensing water heaters can have up to 0.95. Not surprsingly, condensing units cost more. Although, gas tankless water heaters usually come with substantial warranties, a malfunctioning water heater is still one of the things you want to avoid in life. Even with the most benevolent customer service, a water heater failure can leave you in a state of deprivation for days and cost you money, time and peace of mind. Tankless water heaters start heating only when their sensors confirm a certain amount of water is flowing through the system.
If there was not a market for natural gas near the wellhead it was virtually valueless since it had to be piped to the end user. In regions with a high natural gas demand (such as the US), pipelines are constructed when it is economically feasible to transport gas from a wellsite to an end consumer. In addition to transporting gas via pipelines for use in power generation, other end uses for natural gas include export as liquefied natural gas (LNG) or conversion of natural gas into other liquid products via gas-to-liquids (GTL) technologies. GTL technologies can convert natural gas into liquids products such as gasoline, diesel or jet fuel.
In fact, when oil prices were high, the cost of operating a truck on diesel fuel was as much as 60% more than the cost of operating the same vehicle on natural gas! Clean Energy Fuels ( CLNE ) jumped on the opportunity provided by the gap and built a plethora of dry and liquid natural gas facilities across the country. That gap has narrowed as oil prices have plunged, but natural gas-powered heat is still cheaper.
Even if there is a shortage elsewhere,the US is not dependent on imports or any one source for supply, with 727 million barrels in the Strategic Petroleum Reserve and approximately 2 million barrels in the Northeast Heating Oil Reserve alone.1 And, renewable biofuel options are adding to an already substantial and sustainable supply. With natural gas consumption on the rise, there are concerns that domestic production will not be able to keep pace with demand. Since natural gas isn't renewable and most of the world's natural gas reserves are outside the US, relying on imports is a real possibility in the future. A natural gas supplier may not have the same range of options to help you save.
Of course, it is impossible to have this exact electricity and heating mix for a building for the course of a day and the year, so it is necessary to properly size the CHP to maximize the return on investment (ROI). The main reason for this is that the price difference between electricity and natural gas hasn't been great enough to justify the initial cost.
We think the market is slowly facing up to the reality of a winter heating bust for the 2014-2015 cycle, and that even some additional periods of cold weather are becoming less and less relevant in terms of being able to deflect the bearish story that is shaping up for 2015," Mr. King said. Here's a calculator that can assist homeowners in figuring out which method of heating a home is more economical: Neither gas nor propane is "warmer" than the other...that's a layman's fallacy associated with not buying a furnace with sufficient BTU output for the heated space.
While non-condensing tankless gas water heaters have an average energy factor of 0.82, condensing water heaters can have up to 0.95. Not surprsingly, condensing units cost more. Although, gas tankless water heaters usually come with substantial warranties, a malfunctioning water heater is still one of the things you want to avoid in life. Even with the most benevolent customer service, a water heater failure can leave you in a state of deprivation for days and cost you money, time and peace of mind. Tankless water heaters start heating only when their sensors confirm a certain amount of water is flowing through the system.
If there was not a market for natural gas near the wellhead it was virtually valueless since it had to be piped to the end user. In regions with a high natural gas demand (such as the US), pipelines are constructed when it is economically feasible to transport gas from a wellsite to an end consumer. In addition to transporting gas via pipelines for use in power generation, other end uses for natural gas include export as liquefied natural gas (LNG) or conversion of natural gas into other liquid products via gas-to-liquids (GTL) technologies. GTL technologies can convert natural gas into liquids products such as gasoline, diesel or jet fuel.
In fact, when oil prices were high, the cost of operating a truck on diesel fuel was as much as 60% more than the cost of operating the same vehicle on natural gas! Clean Energy Fuels ( CLNE ) jumped on the opportunity provided by the gap and built a plethora of dry and liquid natural gas facilities across the country. That gap has narrowed as oil prices have plunged, but natural gas-powered heat is still cheaper.
Even if there is a shortage elsewhere,the US is not dependent on imports or any one source for supply, with 727 million barrels in the Strategic Petroleum Reserve and approximately 2 million barrels in the Northeast Heating Oil Reserve alone.1 And, renewable biofuel options are adding to an already substantial and sustainable supply. With natural gas consumption on the rise, there are concerns that domestic production will not be able to keep pace with demand. Since natural gas isn't renewable and most of the world's natural gas reserves are outside the US, relying on imports is a real possibility in the future. A natural gas supplier may not have the same range of options to help you save.