For the 2000-2001 heating season gas prices are expected to rise sharply, although gas utilities may not pass the entire cost on to customers. There are varying projections as to what will happen to oil costs. The comparison with electric is much simpler. Other than in places with extremely low electric costs and mild weather, oil is much less expensive than electric for heating your home or your water. However, these numbers vary widely across the country.
Electricity is much more prevalent in the south.
And, in many parts of the west, oil is virtually non-existent. All Rights Reserved. Privacy Policy .