Empire Furnaces
Fuel Cost Comparison
| Type |
Fuel Cost $ |
Efficiency |
Price Per Useful Therms $ |
Estimated Annual
Cost $ |
| Electric |
.07/KWH |
95% |
2.15 |
1,505.00 |
| Propane |
1.27/gal |
70% |
2.00 |
1,390.00 |
| Oil Furnace |
1.40/gal |
70% |
1.44 |
1,005.00 |
| Heat Pump |
.07/KWH |
190% |
1.07 |
749.00 |
| Natural Gas |
1.00/therm |
80% |
1.26 |
884.00 |
| Wood Pellet |
135/ton |
80% |
0.94 |
658.00 |
| Corn |
2.20/bushel |
80% |
0.55 |
385.00 |
Given these fuel prices and efficiencies, fuel prices
will
vary. EAC based on 1800 sq. ft. home with annual heat demand of
700
therms. Useful therm pro-rates efficiency. 1 therm equals
100,000
BTU's. Fuel equivalents (Electric: 3415 BTU's/KWH) (Propane:
90,600
BTU's/gal.) (Oil: 138,000 BTU's/gal.) (Natural Gas: 1 million
BTU's/MCF)
(Heat Pump 190% eff. Ave. COP 1.9@ 47degree F) (Pellets: 8,500
BTU's/lb.
@ 8% MC) (Corn: 9,000 BTU's/lb. @ 12%MC) Please use your local
pricing
to determine.
Venture Marketing Group
647 Port Sheldon
Grandville, MI 49418
Phone (616) 457-5867
Fax (616) 457-5847
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