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Cost Comparison
Chart
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 |
$0.08-0.12 |
$4,688-$7032 |
| 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
unsplit wood |
$638 |
IMPORTANT
- The above prices are in Canadian funds but the
same relative
percentage in savings can be applied to the US
market..
- Adjust the price per unit to reflect current local
costs.
- The above costs are not standard across Canada. |
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