I have just the opposite question,my electric bill ran up to $930.00 in jan. I'm wondering if I should be looking into converting it to gas. I do have gas for my fireplace, I'm not even sure if I can convert. Can I convert and is gas cheaper? I live in TX, can't afford 1k a month. Thanks for your advice!

A heat pump would be a better source for you.
Naturally high efficient equipment will start saving you $$$ right away.
You would have to do a gas cost versus electric cost analysis or have someone do it for you to find out if LP/Propane gas will save you money over electric with a heat pump.

What you may do next could save you some $$$. Caulk and add insulation where ever you can to your home. You can do a Google search on this item and find 100's of pages of do it yourself fixes for a home that has air infiltration problems.

You many also check with your electric utility. Many times they offer a free service to come to your house and do a energy audit. They do it here and it does give people a good idea of what they need to do to save $$$$$.

Good luck.

Here is a example of what you can do.

3000 square foot home+ professionally tuned boiler with three separate zones run by a room sensing computer system. Cost only for fuel for the boiler and electric to run the water pump,computer,blower motors and zone valves. Total cost to heat(including gas and electric for heat only) during the past cold month was $297.17. Not bad and actually pretty cheap. This is my home that I am telling you about. Since I have been in the HVAC biz all of my life it was easy for me to accomplish this but you can do almost the same if you follow some of the advice and visit some web sites about energy conservation/energey efficiency.


BTW this is a good site to do all kinds of calculations with.

Midwest Electric, Inc. :: On-line Energy Audits

I'm curious... what is your normal electric utility bill? It's fairly simple to calculate what any device, including a furnace will cost to operate and your power company surely will tell you what the rate is if it isn't posted on your bill. I have a 3000 sq ft. home (2800) and my electric bill has never gone over $200... and my house is all electric.