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US Industrial Electricity to Heating Oil Futures Ratio
The us industrial electricity to heating oil futures ratio is 1.980 — US Industrial Electricity at $8.71 per Kilowatt Hour divided by Heating Oil Futures at $4.40 per Gallan.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Industrial Electricity to Heating Oil Futures ratio
1.000 kWh of us industrial electricity = 1.980 Gal of heating oil futures
Inverse (HO-FUT/ELEC-IND-US): 0.5052 — one Gallan of heating oil futures buys that much us industrial electricity.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
US Industrial Electricity
$8.71
per Kilowatt Hour
Heating Oil Futures
$4.40
per Gallan
Unit basis: USD per Kilowatt Hour ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Kilowatt Hour of us industrial electricity. Prices as of Mon, 24 Aug 2026 12:25:35 GMT.
1Y average
3.122
median 3.229
1Y low
1.986
Apr 1, 2026
1Y high
4.382
Jan 1, 2026
Normal band
2.268–3.976
mean ± 1 std dev
Deviation from mean
-1.34σ
6 observations
US Industrial Electricity to Heating Oil Futures ratio charts
Pick a range once — it applies to the ELEC-IND-US/HO-FUT ratio line, the OHLC candles and the US Industrial Electricity / Heating Oil Futures price chart below.
ELEC-IND-US/HO-FUT ratio line
How many Gal of Heating Oil Futures one kWh of US Industrial Electricity buys, over 1Y.
ELEC-IND-US/HO-FUT ratio candles
Open, high, low and close of the ELEC-IND-US/HO-FUT ratio for each period in the last 1Y.
US Industrial Electricity and Heating Oil Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the us industrial electricity to heating oil futures ratio
US Industrial Electricity to Heating Oil Futures ratio = US Industrial Electricity price per Kilowatt Hour ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Kilowatt Hour of us industrial electricity — rather than a plain count.
Worked example, live prices: $8.71 ÷ $4.40 = 1.980. The inverse is 0.5052.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the us industrial electricity to heating oil futures ratio today?
The us industrial electricity to heating oil futures ratio is 1.980 — US Industrial Electricity at $8.71 per Kilowatt Hour divided by Heating Oil Futures at $4.40 per Gallan, from live mid-market prices.
How do you calculate the us industrial electricity to heating oil futures ratio?
Divide the us industrial electricity price per Kilowatt Hour by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Kilowatt Hour of us industrial electricity.
What is the inverse of the us industrial electricity to heating oil futures ratio?
The inverse, heating oil futures to us industrial electricity, is 0.5052 — how many Kilowatt Hours of us industrial electricity one Gallan of heating oil futures buys.