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Oct 16, 2023 · Estimate the heating cost in your state, for Oil, Natural Gas, Propane, and Electricity, using a Hot Air Furnace, Boiler (standard & condensing), Air Source & Geothermal Heat Pump. You will get a full season cost of heating your home, cheapest fuel for your heating system type, as well as estimated prices for replacing / installing a new ...
Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.51 per liter or USD 1.10 per liter. The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01.
Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price.
So I created an Excel spreadsheet that you can use to calculate the cost per BTU based on current market pricing for propane and oil. You can also enter the efficiency of your furnace. The propane vs oil calculator will therefore give you a pretty good idea of the cost comparison of the two fuels.
Comparison of Heating Costs in Ontario. A rule of thumb guide to help Ontario homeowners choose the lowest cost way to heat their homes. Of course how you choose to help your home will depend on what fuel types you have available in your home and also the cost of installation and what existing equipment you have.
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Calculation of the annual cost of heating with oil: 2,000 litres of oil consumed x $0.91** = $1,820 (your annual oil bill) Comparing the cost of heating with oil and with natural gas, taking into consideration the furnace’s fuel efficiency: 2,000 l of oil x 70% efficiency = 1,400 l used for heating.