Heating Fuels - Cost Comparing
Cost comparison formulas for heating fuels like Natural Gas, Propane LP Gas, Fuel Oil and Electricity.
Average cost comparison formulas for heating fuels:
Electricity
Ce = pe (100000 Btu) / (3412 Btu/kWh) (1)
where
Ce = electricity cost per 100000 Btu
pe = electricity price per kWh
Natural Gas
Cng = png (100000 Btu) / (1028 Btu/ft3) (2)
where
Cng = natural gas cost per 100000 Btu
png = natural gas price per cubic ft.
Propane LP Gas (Liquid Propane Gas)
Clp = plp (100000 Btu) / (91333 Btu/ gallon) (3)
where
Clp = propane gas cost per 100000 Btu
plp = propane price per gallon
Fuel Oil
Cfo = pfo (100000 Btu) / (140000 Btu/ gallon) (4)
where
Cfo = fuel oil cost per 100000 Btu
pfo = fuel oil price per gallon