Download Calculator .XML (Requires Microsoft Excel to open)
After downloading, enter your local utility costs in column E (unit price) of the spreadsheet for the various fuels in your area, or just use the numbers already listed in the tables below for comparison.
FUEL |
ENERGY CONTENT |
UNIT PRICE |
HEAT CONVERSION
EFFICIENCY |
COST PER
MILLION BTU |
| Kerosene |
134,000 BTU/gal |
$4.60/gal |
85% |
$40.39 |
| #2 Fuel Oil |
138,000 BTU/gal |
$4.50/gal |
80% |
$40.76 |
| Propane |
92,000 BTU/gal |
$2.60/gal |
85% |
$33.25 |
| Natural Gas |
100,000 BTU/therm |
$1.70/therm* |
85% |
$20.00 |
| Electricity - Resistance |
3,412 BTU/kWh |
$0.10/kWh** |
100% |
$29.31 |
| Electricity - Heat Pump |
3,412 BTU/kWh |
$0.20/kWh** |
200% |
$29.31 |
| Coal |
13,200 BTU/lb |
$190.00/ton |
75% |
$9.60 |
| Firewood-Hardwood |
25,000,000 BTU/cord |
$200.00/cord |
60% |
$13.33 |
| Wood Pellets |
8,200 BTU/lb |
$225.00/ton |
80% |
$17.15 |
| Shelled Corn |
6,800 BTU/lb |
$6.00/bushel |
75% |
$21.01 |
