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Gas vs. Electric Heating - Which is cheaper?

Asked by livelaughlove21 (15724points) August 29th, 2012

We’re moving into a brand new house next month, and we have electric for air conditioning, stove, etc. but gas for heat. When we talked to our realtor, she says that saves money. However, my parents say that when they lived in Chicago about 10 years ago, their gas bill was about $900/month. We’d have no way to pay this. So, which is true? We live in South Carolina, so the coldest it gets here is around 30 degrees, and we like the house to be around 68–70 degrees.

Any thoughts/experience?

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