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Cost Comparison

How to Compare Cost

When comparing the price of off-peak electricity for heating to the price of alternative heating fuels, it is important to compare equipment efficiency, energy rates and monthly service charges. It is also important to recognize the long-term stability of the off-peak rate versus alternatives that may fluctuate up and down at a moment's notice.

Cost Comparison

The seasonal efficiency for electric heating systems ranges from 100-300 percent or more. The comparable efficiency for gas and oil heating systems ranges from a low of approximately 70 percent to a high of 95 percent.

View the heating cost comparison chart below to compare Beltrami Electric's off-peak heating rate to the equivalent price of propane, fuel oil or natural gas. If you have any questions, contact our energy services department at (218) 444-3623 and we will be happy to help you.

Heating Cost Comparison Chart

  • Standard Resistance Electric Heat
  • Air Source Heat Pump
  • Ground Source Heat Pump

Standard Resistance Electric Heat

Off-Peak Electric
Summer: ($0.0776/kWh)
Winter: ($0.0672/kWh)
100% Efficiency

Propane
($/Gallon)
90% Efficiency
Fuel Oil
($/Gallon)
80% Efficiency
Natural Gas
($/Therm)
90% Efficiency
$0.0776 $1.88 $2.56 $2.06
$0.0672 $1.64 $2.23 $1.79

 

Air-Source Heat Pump

Off-Peak Electric
Summer: ($0.0776/kWh)
Winter: ($0.0672/kWh)
100% Efficiency
Propane
($/Gallon)
90% Efficiency
Fuel Oil
($/Gallon)
80% Efficiency
Natural Gas
($/Therm)
90% Efficiency
$0.0776 $0.94 $1.28 $1.03
$0.0672 $0.82 $1.12 $0.90

 

Ground Source Heat Pump

Off-Peak Electric
Summer: ($0.0776/kWh)
Winter: ($0.0672/kWh)
100% Efficiency
Propane
($/Gallon)
90% Efficiency
Fuel Oil
($/Gallon)
80% Efficiency
Natural Gas
($/Therm)
90% Efficiency
$0.0776 $0.57 $0.78 $0.62
$0.0672 $0.50 $0.68 $0.54

Residential Heating Incentives Available

Beltrami Electric Cooperative offers rebates for a variety of off-peak heating equipment, including air source heat pumps, geothermal heat pumps, storage heat and more.  Check out the rebate form listed below. If you have any questions, contact Ayla Kranz at (218) 444-3623.

Rebate Application
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Beltrami Electric Cooperative

4111 Technology Dr NW
P.O. Box 488 | Bemidji, MN 56619

Office Hours: 8:00 A.M. - 4:30 P.M. M-F

Beltrami Electric Cooperative is an equal opportunity provider and employer.

 

Phone Contacts

Phone: 24/7 Outage Reporting:
(800) 955-6083  |  (218) 444-2540

Fax: (218) 444-3676

Pay by phone: (855) 356-6345

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©2023 Beltrami Electric Cooperative. All Rights Reserved.

  • HOME
  • MY ACCOUNT
    • MY BILL
      • View/Pay My Bill
      • SmartHub
      • Payment Options
      • Payment Assistance
      • High Bill Concern
      • Understanding My Bill
    • MY ACCOUNT
      • New Member Info
      • Account Management
        • Update My Information
      • Budget Billing
      • Capital Credits
      • Forms
      • Member Privacy
    • MY ELECTRIC SERVICE
      • Start/Stop/Transfer Service
      • Electric Service Construction
  • PRODUCTS AND SERVICES
    • PRODUCTS AND SERVICES
      • Products
        • GenerLink
        • Marathon Water Heaters
        • Steffes Electric Thermal Storage Heaters
      • Contractor Resources
      • Home Energy Assessment
      • Electric Heating Systems
      • Electric Vehicles (EVs)
      • Load Management
    • REBATES AND ENERGY SAVINGS
      • Rebates and Incentives
      • Manage My Energy Usage
        • Home Energy Assessment
      • Energy Saving Tips
      • Cost Comparison
    • RENEWABLE ENERGY
      • Infinity Renewable Energy
      • Member-Owned Renewable Energy Systems
      • Northern Solar
  • MY COOPERATIVE
    • About Your Cooperative
      • What is an Electric Co-op?
        • History of Beltrami Electric Cooperative
      • Annual & District Meetings
      • Articles of Incorporation and Bylaws
      • Board of Directors
      • Contact Information
      • Employment Opportunities
      • Energy Resources Profile
      • Energy Resources Tour
      • Leadership Team
      • Political Action
      • Statement of Non-Discrimination
    • COMMUNITY
      • Community Room
        • Community Room Calendar & Reservation Request Form
      • Co-op Connections Card
        • Co-op Connections Discount Card Local Discounts
      • Operation RoundUp
      • Education & Scholarships
        • Youth Tour-Washington, DC
        • Scholarships
      • GreenTouch
      • Indoor Garage Sale
      • Touchstone Energy Community Award
      • Touchstone Energy Open
    • NEWS AND MEDIA
      • Beltrami Electric News
      • Member Newsletters
        • Place a classified ad
      • Media Contacts
      • Utility Scams-Beware
      • Links & Resources
  • OUTAGES AND SAFETY
    • Outages
      • Outage & Storm Center
        • Outage FAQs
      • Report a Power Outage
      • Current Outages
      • Restoration Process
      • Outage Preparedness
      • Using a Generator During an Outage
    • Safety
      • Power Line Safety
      • Electrical Safety
      • Generator Safety
      • Call Before You Dig
      • Safety Demonstrations
      • Vegetation Management