The result is that the fund balance you see in the financial statements may not mean what you think it means. Fund Balance Basics. Most simply, fund balance is the difference between assets and liabilities in a governmental fund.
Best Answer: It all depends on the condition of the oven elements and the condition of the other electrical components. As they age, they break down and it takes longer and longer to preheat. I would say, for a new stove, maybe 10 minutes. For an old stove it may be 15 - 20 minutes.
Conventional Gas Ovens. According to the California Energy Commission, an electric oven uses 2.0 kilowatt-hours to cook at 350 degrees Fahrenheit for one hour. The conventional pilot-lit gas oven saves you that much electricity by using none to cook at the same temperature.