GAS v ELECTRIC

IB1113071672

My water is heated in a very large tank using gas.  
As the cost of gas has increased, does anyone know if it would be less expensive to heat the water using electric immersion heater or should I continue using gas.
Thank you for your help
kind regards

Cardew

Welcome to the forum.

It is a no contest - continue using gas.

Post April gas will cost around 7p/kWh and electricity 28p/kWh. Although electricity is 100% efficient and a gas boiler typically 70% to 90% efficient, gas will still cost less than a third of the cost of electricity.

QrizB

Welcome to the forum.

Cardew said:

It is a no contest - continue using gas.

Post April gas will cost around 7p/kWh and electricity 28p/kWh. Although electricity is 100% efficient and a gas boiler typically 70% to 90% efficient, gas will still cost less than a third of the cost of electricity.

There is an edge case; if you have a legacy tariff with an off-peak electricity rate of 8p/kWh or less, electricity could be cheaper.

I'm on a tariff intended for EVs and my off-peak rate is 5p/kWh so I'm preparing to switch to electric water heating in April.