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| Heating Energy Cost Analysis | ||||||
| Fuel Sources: | Typical BTU Energy Per Unit: | Units Required To Produce 18 million BTU's Of Heat: | x | Current 1Price Per Unit: | = | Operating 2Fuel Cost: |
| 3DRY SHELLED CORN | 504,000 BTU / Bushel | 36 Bushels | x | $3.50 / Bushel | = | $90.00 |
| 3WOOD PELLETS | 18 mill. BTU / Ton | 1 Ton | x | $120.00 / Ton | = | $120.00 |
| ELECTRICITY | 3,412 BTU / KWH | 5,275 KWH | x | $0.08 / KWH | = | $422.00 |
| NATURAL GAS | 1000 BTU / cubic foot | 18,000 cubic feet | x | $0.0061 / cu. ft. | = | $109.80 |
| FUEL OIL | 140,000 BTU / gallon | 129 gallons | x | $0.95 / gallon | = | $122.55 |
| L.P. GAS | 91,000 BTU / gallon | 198 gallons | x | $0.80 / gallon | = | $158.40 |
| WOOD (OAK) | 26,300,000 BTU / full cord | .69 full cords | x | $145 / full cord | = | $100.05 |
| 4COAL | 12,000 BTU / pound | 1500 (.75 tons) | x | $140 / ton | = | $105.00 |
Heat is measured in BTU's. One BTU is the amount of heat needed to raise one pound of water by one degree Farenheit. 18 million BTU's is about a quarter of the typical yeary heating requirement of an average home in a cold climate. In a warm climate, this figure may represent a full years heating requirement. Prices shown are conservative! | ||||||
1Note:The 'cost' results above can be adapted to any price fluctuations in your area by supplementing the latest applicable Current Fuel Price per Unit. | ||||||
| 2Note: Unless a 'gravity' hot water heating-circulation system is used, all common furnace types use approximately 200 KWH of electrical energy per year to force air or pump water, which adds an additional $16 per year in electric consumption. | ||||||
| 3Note: Shelled corn can be purchased at reduced prices (i.e. moldy corn, scorched corn, etc.). The BTU content of shelled corn will vary between 8,000 and 10,000 BTU/lb. and 9,000 BTUs (X 56 lbs. per Bushel) has be used in the example above. Use corn at 14-15% moisture content, or pellets at 8% moisture content supply this efficiency. Seasonally, dry shelled corn varies in price from $1.50 to $3.00 per bushel. | ||||||
| 4Note: Coal varies in quality, with bituminous being the most effective at 12,000 BTU/lb. Sub-bituminous coal has a heating value of 8,750 BTU/lb. and lignite coal has a heating value of 6,500 BTU/lb. Commercial grade mixtures of coal have been declining steadily in quality since the late 1960s. | ||||||