[Realism]

You got me going, now I can’t stop till I have the numbers.

Cost in my area per 100,000 btu
Electric - $4.98
Oil - $2.69
NG - $2.10

[mysterio]

What area are you in? Because where I’m at, electricity is super cheap compared to the rest of the country.

[thackney]

Yeah, the inefficiencies of taking fuel, converting it to electricity and bringing it to your house show up in the costs.

You would have to have a very inefficient NG Water heating unit to make up more than twice the price difference.

I had a similar unit in Alaska. Much better efficiency than a forced air, IIRC.