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Average cost comparison formulas for heating fuels:
Ce = pe (100000 Btu) / (3412 Btu/kWh) (1)
where
Ce = electricity cost per 100000 Btu
pe = electricity price per kWh
Cng = png (100000 Btu) / (1028 Btu/ft3) (1)
where
Cng = natural gas cost per 100000 Btu
png = natural gas price per cubic ft.
Clp = plp (100000 Btu) / (91333 Btu/gallon) (1)
where
Clp = propane gas cost per 100000 Btu
plp = propane price per gallon
Cfo = pfo (100000 Btu) / (140000 Btu/gallon) (1)
where
Cfo = fuel oil cost per 100000 Btu
pfo = fuel oil price per gallon
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