See how oil heat compares to other energy
| Fuel | Max BTU’s | Efficiency | Useable BTU’s |
|---|---|---|---|
| Electricity | 3,414 / kwh | 98% | 3,346 |
| Oil | 37,850 / litre | 88% (new*) | 33,308 |
| Oil | 37,850 / litre | 73% (old**) | 27,631 |
| Seasoned Wood | 15,000,000 / cord | 77% | 11,550,000 |
| Hardwood Pellets | 16,400,000 / metric ton | 88% | 14,432,000 |
| Propane | 24,747 / litre | 85% | 21,035 |
| Corn | 15,700,000 / metric ton | 85% | 13,345,000 |
*New Energy Star rated oil furnace
**Typical oil furnace 12 to 15 years old
To heat an average 1800 sq. ft. home in PEI requires approximately 100,000,000 million BTU’s per year. The following chart shows the typical annual heating cost by fuel type (not including cost of heating hot water):
| Fuel | Consumption | Cost/Unit (Feb 2/09) | Annual Cost |
|---|---|---|---|
| Electricity | 29,886 kwh | 16.04 ¢ / kwh | $4,793.71 |
| Oil Furnace (Energy Star) | 3,002 litres | 68.8 ¢ / litre | $2,065.38 |
| Oil furnace (Older Unit) | 3,619 litres | 68.8 ¢ / litre | $2,489.95 |
| Seasoned Wood | 8.7 cords | $190.00 / cord | $1,653.00 |
| Hardwood Pellets | 6.9 tons | $349.50 / ton | $2,411.55 |
| Propane | 4,754 litres | 73.1¢ / litre | $3,475.74 |
| Corn | 7.5 tons | $270.00 / ton | $2,025.00 |
