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jaysgarden

Cost to operate natural gas furnace

jaysgarden
13 years ago

Trying to gauge the cost(for natural gas) to run the furnace per hour. If anyone is good at this can you check my assumptions/calculations?

Here are my particulars:

1. I have a 120,000 BTU natural gas furnace.

2. Price per hundred cubic feet of natural gas from our supplier is $.70

Now the ciphering:

1.The amount of heat in one hundred cubic feet of natural gas is about 100,000 BTU

2.Divide the furnace input rating(in my case 120,000) by 1000 to get the number of cubic feet of gas the furnace will use in one hour.

=120 cubic feet

3.My supplier's bill is based on units of one hundred cubic feet(CCF) so I divide the above cubic feet by 100 to determine how many CCF the appliance will use in one hour. 120 divided by 100

=1.2 CCF per hour

4.My supplier charges $.70 per CCF so it costs me 1.2 times $.70 = $.84 per hour for natural gas for my furnace to run.

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