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Comparing
Cost of Home Heating Fuels
| Fuel Type |
Cost/Unit |
Cost per 1 Million BTU |
| Electricity (PUD) |
$0.034/kWH |
$ 9.95 @ 100% efficiency |
| with Heat Pump |
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$ 5.85 @ 170% efficiency |
| with Ground Source |
|
$ 4.51 @ 220% efficiency |
| Natural Gas |
$1.12/Therm |
$14.00@ 80% efficiency |
| Propane |
$2.19/gallon |
$28.70 @ 80% efficiency |
| Heating Oil |
$3.27/gallon |
$39.49 @ 60% efficiency |
| Wood (Fir) |
$75/cord |
$ 6.82 @ 50% efficiency |
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$100/cord |
$ 9.10 @ 50% efficiency |
| Wood Pellets |
$150/ton |
$ 8.52 @ 80% efficiency |
| Kerosene |
$1.76/gallon |
$14.43 @ 90% efficiency |
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 | Oil heating value is 140,000 BTU/gal. |
| Propane heating value is 95,000 BTU/gal. |
| Heating distribution system losses are not included in calculations. |
| 1 Kilowatt-hour (KWh) = 3.413BTU |
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