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Electric heat calcs

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Andy_17
Andy_17 Member Posts: 30
in THE MAIN WALL
looking for ski home in Southern Vermont area, have came across a few possibles but most had electric base board & domestic H2o heating.
All are early 70's with older windows & questionable insulation.
having trouble finding #'s to compare costs w/ oil or propane. Any one have any info or a link to track it down.
Thanks in advance for any help!

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  • Andrew Hagen_2
    Andrew Hagen_2 Member Posts: 236
    Fuel Comparisons

    Last I checked in my area (Butte, MT) LP was $2.40/gal if charged. Your actual cost of energy depends on the efficiency of the boiler/furnace. $2.40/gal equates to $27.75 per million btu if burned in a 95% efficient appliance and $32.96 per million if burned in an 80% efficient appliance.

    The formula for LP is:

    dollars per million btu = (LP dollars per gallon) * 10.9 / (decimal efficiency)

    Electricity is a little more difficult because there are flat rate service charges and then we have regulated and unregulated electricity charges. I just took my total electricity charges and divided by the kWh to get 11.6 cents per kWh. That makes electricity $33.98 per million btu.

    The formula for electricity is:

    dollars per million btu = (cents per kWh) * 2.93

    The formula for oil is:

    dollars per million btu = (dollars per gallon) * 10.9 / (decimal efficiency)
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