I thnk electric is running a bit over 13cents in our area (half way between Cincinnati, Oh. and Lexington, Ky. I heat a big house and have electric baseboard heat (17 thermostats!). If I really want to keep the place warm thoughout, the bill can head towards four digits! There is actually a separate 225A panel and meter for the electric heat. My little kerosene heaters cost 40% less to run per BTU. Yes, I'm working on sealing up the house. Project down the road is geothermal heat pump.