Mostly yes. Many Australians are disconnecting their homes from the gas grid so that they never receive another gas bill and save hundreds of dollars per year in fixed supply charges alone (can be $250 per yr). How much you save by going-off gas will depend on the thermal performance of your home, the electricity price you negotiate with your retailer, and the efficiency of your appliances. Homes with solar electricity stand to save even more. An efficient electric home can save you money and help the environment.