Electric heating and Natural gas

Their prices have moved together.

Electric heating (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: competing fuel

Cost and price · Moderate · Both ways

Gas-fired furnaces and boilers are the main alternative for industrial and home heating, so the gas price relative to power decides which wins. Yearly moves correlate only weakly with European gas, as equipment prices adjust slowly to fuel markets.

• -0.00 monthly change correlation
• 0.36 12-month change correlation
• 0.11 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.