Calculate your heating costs
Use this tool to estimate your annual heating and water heating costs compared to propane and oil.
- To get started, adjust the price of your current fuel source to that of your local provider. You can also accept the rate that we have inserted as a place holder, which represents an approximate cost.
- Next make the other adjustments available in the tool to more accurately reflect your potential savings.
- After you compare your savings, take the next step and see if gas is available in your area.
Pricing defaults are updated quarterly and are based on recent statewide averages for electricity, oil and propane. Natural gas prices are based on recent NIPSCO residential rates, including fixed and commodity costs. This calculator will provide you with estimates of annual energy costs based on your inputs. Results are estimates only, and may differ from actual bill amounts. See above to view calculator assumptions.
Last updated: October 2024.