Cost Comparison Chart

“Wood Heating Cost is Only 7% of Electric Heating Cost”

The amount of heat created or used is measured in BTU’s. An average home uses 200,000,000 BTU’s of total energy for heating per year. This includes 25% usage for the heating of domestic water. Based on this total consumption, the following amounts of fuel would be required to produce 200,000,000 BTU’s.

Heating Method BTU’s Per Unit Annual Requirements Cost Per Unit Total Annual Cost
Electricity 3,413 /kilowatt hr 58,600 $0.08    $4,688
Propane  24,200 /litre  8,264  $0.89  $7,380
Fuel Oil  36,300 /litre 5,509   $0.54 $2,947
Natural Gas  35,301 /cubic metre 5,665  $0.21 $1,207
Wood (Birch)  23,400,000 /cord  8.5  $75.00  $638

 

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