Heating Price Formula:
From: | To: |
Definition: This calculator estimates the cost of heating based on energy use, price per unit of energy, and system efficiency.
Purpose: It helps homeowners and businesses compare heating costs between different energy sources and systems.
The calculator uses the formula:
Where:
Explanation: The energy use is multiplied by price per unit, then divided by the efficiency percentage (as a decimal) to account for system losses.
Details: Comparing heating costs helps identify the most cost-effective heating solution and can lead to significant long-term savings.
Tips: Enter the energy use in units (kWh, therms, gallons, etc.), price per unit in dollars, and system efficiency as a percentage (default 100% for electric resistance heating).
Q1: What units should I use for energy?
A: Use consistent units (kWh for electricity, therms for gas, gallons for oil) that match your price per unit.
Q2: What's a typical efficiency for heating systems?
A: Electric resistance: 100%, Heat pumps: 200-300%, Gas furnaces: 80-98%, Oil furnaces: 80-90%.
Q3: How do I find my energy use?
A: Check utility bills or use our Energy Use Calculator for specific heating needs.
Q4: Should I include delivery charges in price per unit?
A: Yes, include all costs associated with the energy source for accurate comparison.
Q5: Can I compare different fuel types?
A: Yes, but convert all to common units (like dollars per million BTU) for fair comparison.