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    • 1.2365 a litre

      • In a media release, the Public Utilities Board said the price of furnace oil is rising 6.55 cents per litre on Thursday. That increase means home heating oil in the St. John's metro region now costs 1.2365 a litre. According to Balance Home Climate Solutions, most residential oil tanks hold about 750 litres.
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  2. Oct 6, 2022 · The price of furnace oil in the province by 6.6 cents per litre after the Public Utilities Board's weekly price adjustment. The CBC spoke with St. John's residents about how they are...

  3. Feb 10, 2022 · In a media release, the Public Utilities Board said the price of furnace oil is rising 6.55 cents per litre on Thursday. That increase means home heating oil in the St. John's metro region now...

  4. 117.08. Excluding Applicable Taxes. Propane. Base Zone. 101.9. Excluding Applicable Taxes. Current Maximum Pricing: Motor Fuel - Heating Fuel. Maximum Pricing All Zones. 2022-23 Petroleum Products Pricing Review.

  5. An average oil furnace works approximately 80% meaning for every $1.00 of oil .20 cents goes up the chimney. An electric furnace operates at 100% with no heat loss.

  6. Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price. Prices by city. Prices by year. All fuels in a combined price chart.

  7. So you need about (31024/3400) 9.125 kwh of electricity to make the same amount of heat as 1 litre of fuel oil. One kwh of electricity costs $0.138. Multiply that by 9.125 and you get $1.26. So long as fuel oil costs less than $1.26, it's cheaper to use the furnace. Right now fuel oil is $1.77.

  8. Dec 7, 2023 · Prices for the fuel now range from $1.32 to $1.51 per litre in Newfoundland and from $1.41 to $1.95 per litre in Labrador. Propane was the lone fuel to see no price change in pricing.

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