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  1. 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.

  2. 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.

  3. Mar 9, 2024 · How Much Does an Oil Furnace Cost? An oil furnace typically costs between $5,000 and $7,000, with some high-efficiency models reaching up to $10,000. For those considering a replacement, the average cost is similar to other furnace types and ranges from $3,500 to $6,000 .

  4. Use our quick and free furnace cost calculator to get an estimate on how much your new propane or natural gas furnace will cost, including installation.

    • Is There A Better Heating Fuel Out there?
    • Heating Value and Per Unit of Fuel Varies
    • Efficiency of Consumption Varies A Lot Too
    • … and Don’T Forget Efficiency of Distribution
    • Combining Factors Into One Easy Comparison
    • Example: Switch from Oil to Propane?

    The cold endured by these penguins got me thinking about heating fuels. With home heating fuel prices bouncing up and down as much as they have over the last few years, it’s easy to think that there must be a better solution out there, with a different fuel. But is there? Some cost calculations will help us answer that question. Let’s check on the ...

    By themselves, these cost figures don’t mean much because the heating value, or BTUs, contained in a unit of each fuel is so different. For example, one gallon of fuel oil contains 0.15 million BTUs, while one gallon of propane contains 40% less: 0.091 million BTUs.

    Also, the amount of useful heat obtained from a given fuel depends on how efficiently it’s consumed. Combustion efficiency varies widely — from as low as 30% for the worst of the outdoor wood boilers to over 95% for a top-efficiency, condensing gas boiler. Heating with electric baseboard heaters is 100% efficient. (Keep in mind that most electricit...

    To further complicate fuel cost comparisons, a third factor is how efficiently heat is distributed. With electric baseboard radiators, the heat is produced right in the room, so the distribution is 100% efficient. Baseboard hot water (hydronic) heat is also usually very efficient, though uninsulated hot water pipes running through an unheated basem...

    In order to combine all these factors into a meaningful comparison of heating fuel costs, it’s easiest to use an online comparison calculator like one offered by BuildingGreen. This allows you to enter your cost for a particular fuel, your heating system efficiency, and its distribution efficiency. The end result is a figure in dollars per million ...

    I know someone who heats with oil, paying $3.68 per gallon, and uses an older forced-air furnace with roughly 75% efficiency. The heat is distributed through ducts that run through the heated space, with roughly 98% efficiency. Using the online calculator, we can see my friend is paying $36.10 per million BTUs. Let’s say he wants to upgrade to prop...

  5. Part of determining how much you spend on heating oil each month is calculating how frequently your tank needs to be filled. The size of your oil tank and the typical amount of fuel you burn daily help to determine how often you need a refill.

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  7. Jan 9, 2024 · The average cost of a new natural gas furnace in Canada is between $4,000 and $6,500, including installation. Of course you could end up paying more or less than that, as each home and situation is different.