Business & Finance1 min ago
Gas prices
5 Answers
How do you arrive at the price of gas consumed in a private dwelling.I have looked at the formula but cant make sense of it..
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1) the meter measures gas consumption in cubic feet (by volume of gas)
2) different gas sources produce different amounts of heat for the same volume. Therefore the supplier converts from cubic feet (the meter reading) to kWh (the energy provided). It does this on the bill. Somewhere on a bill you will find a figure quoted for the conversion factor - it varies by region. Typically 100 cu ft (one Unit on the meter) equals 30kWh.
3) You then pay a price per kWh - typically around 5p per kWh.
1) the meter measures gas consumption in cubic feet (by volume of gas)
2) different gas sources produce different amounts of heat for the same volume. Therefore the supplier converts from cubic feet (the meter reading) to kWh (the energy provided). It does this on the bill. Somewhere on a bill you will find a figure quoted for the conversion factor - it varies by region. Typically 100 cu ft (one Unit on the meter) equals 30kWh.
3) You then pay a price per kWh - typically around 5p per kWh.
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