Switching from gas to electric appliances

Gas vs Electric Appliances: Should You Make the Switch?

While the timeline is still not clear, the transition from gas to electricity as a source of energy in the home is inevitable. If you currently own a gas device, sooner or later, you will have to switch to an electric one. While the idea might not be appealing, there is a chance that it could help you save thousands of dollars. There is increasing evidence that switching to electric devices will help you save significant amounts of money on your energy bill. Switching from gas to electric appliances is becoming a smart move for many households.

According to IEEFA’s data, a family living in a household would save an estimated $1200 annually if they were to switch to electric appliances from their gas counterparts as soon as their lifespan comes to an end.

Why should people prefer gas appliances?

The least expensive appliances are the simplest types of electrical ones. However, due to their high operating costs, they can eventually turn out to be more expensive than other appliances in the long run. Natural gas appliances tend to be less expensive to operate unless in very small households. Natural gas tends to become cheaper with increased consumption.

Is the Gas Era Ending?

While gas supply shortages will affect all consumers in Australia, the Australian Energy Market Operator has estimated that by 2027, Victoria may be faced with a persistent shortage of gas supply – only three years away! This is because, according to the states, the shortage of gas supply will occur as a result of the quick exhaustion of fossil gas supplies.

When should you replace your gas appliances?

While it might already be time for some residents of Victoria to think about switching from using gas, the time to act on switching from using gas has not yet arrived for everyone else. Sustainability website recommends waiting until your appliance comes to the end of its life span before deciding to change from one to another. Their advice would therefore be to purchase an electric appliance.

Conclusion

From my research, it appears that at some stage, there will be no more gas in Australia. You need to think about the future and plan accordingly. Is it a viable move to convert to electricity? When you reach that stage and no longer have any gas appliances, don’t forget to cancel your account with your provider.

Switching from gas to electric appliances can help you save more on energy bills. Compare smarter energy plans with Utility Market and join us on LinkedIn for updates.

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